Question: Lone Star Overnight, Inc. ( LSO ) , was incorporated January 1 . The following transactions occurred during the year:a . Received $ 3 9

Lone Star Overnight, Inc. (LSO), was incorporated January 1. The following transactions occurred during the year:a. Received $39,493 cash from the company's shareholder Amy Fowler in exchange for common stock.b. Bought a used delivery truck at the start of the year at a cost of $13,225 paid $2,000 cash and signed a note due in three years for rest (ignore interest).c. Stockholder Amy Fowler paid $12,009 cash for a car for her personal use.After recording these transactions, LSO's total assets will be

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