The following list of accounts appear in the ledger of Steely Company for the period ending December 31 of the current year:

The following list of accounts appear in the ledger of Steely Company for the period ending December 31 of the current year:CASH 6,030 ACCOUNTS RECEIVABLE 2,100PREPAID EXPENSES 700EQUIPMENT 13,700 ACCUMULATED DEPRECIATION-EQUIPMENT 1,100ACCOUNTS PAYABLE 1,900NOTES PAYABLE 4,200CAPITAL STOCK 2,000 RETAINED EARNINGS 10,940DIVIDENDS 790FEES EARNED 8,750WAGES EXPENSE 2,500RENT EXPENSE 1,960UTILITIES EXPENSE 775DEPRECIATION EXPENSE-EQUIPMENT 250MISCELLANEOUS EXPENSE 85Determine the total assets.