$1)$ Started the business by issuing $$48,000$ of common stock for cash.$$

$2)$ Provided services to clients and received $$65,500$ cash.$$

$3)$ Borrowed $$10,500$ from the bank.$$

$4)$ Paid $$8,500$ for rent of equipment.$$

$5)$ Purchased land for $$15,000.$

$5)$ Paid $$46,600$ of salary expense.$$

$6)$ Cash dividends of $$4,000$ were paid to the stockholders.$$

a$)$ What are the total assets of the business at the end of $2016?$