Selected transactions for Garver Company during its first month in business are presented below. Sept. $1$ Invested $\backslash (\backslash$$ $25,000\backslash )$ cash in the business in exchange for common stock. $5$ Purchased equipment for $\backslash (\backslash$$ $27,000\backslash )$ paying $\backslash (\backslash$$ $6,000\backslash )$ in cash and the balance on account. $11$ Performed $\backslash (\backslash$$ $3,900\backslash )$ of services for clients, collecting $\backslash (\backslash$$ $1,000\backslash )$ cash and billing them for the remainder. $25$ Paid $\backslash (\backslash$$ $7,000\backslash )$ cash on balance owed for equipment. $30$ Declared and paid a $\backslash (\backslash$$ $600\backslash )$ cash dividend. $30$ Collected $\backslash (\backslash$$ $1,200\backslash )$ from the clients from the September $11$ transactions.Based only on these transactions, what amount would Garver Company report as total assets and total liabilities in the October $31$ balance sheet? Total assets $\backslash (\backslash$$ $\backslash )$ Total Liabilities $\backslash (\backslash$$ $\backslash )$ Attempts: $0$ of $1$ used