Instructor-created question Question Help Dr. Bernice Maglin opened a medical practice. During the first month of operations (August), the business, named Dr. Bernice Maglin, Professional Corporation (P.C.), had the following events: (Click the icon to view the events.) Calculate total assets, total liabilities, and total stockholders' equity of the business on August 31. Total assets Total liabilities Total stockholders' equity Data Table Aug 6 Maglin invested $139,000 in the business, which in turn issued its common stock to her 9 12 15 15-31 The business paid cash for land costing $56,000. Maglin plans to build an office building on the land. The business purchased medical supplies for $1,900 on account. Dr. Bernice Maglin, P.C., officially opened for business During the rest of the month, Maglin treated patients and earned service revenue of $8,600, receiving cash for half the revenue eamed. The business paid cash expenses: employee salaries. $2,600: office rent, $900; utilities, $500 The business sold supplies to another physician for cost of $200 The business borrowed $32,000, signing a note payable to the bank. The business paid $1,300 on account. 15-31 31 31 31 Print Done Enter any number in the edit fields and then click Check