Question 24 Lucy Morton opened an engineering office and titled the business Engineering Enterprises P.C. During its first month of operations, it completed the following transactions: 1. Lucy invested $30,000 in the business, which in turn issued common stock to her. 2. The business purchased equipment on account for $6,000. 3. The business provided engineering services on account, $10,000. 4. The business paid salaries to the receptionist, $1,000. 5. The business received cash from a customer as payment on account $6,000. 6. The business borrowed $8,000 from the bank, issuing a note payable. Total assets would be: $ 4 pts