The following events apply to Pearson Service Co. for Year 1, its first year of operation: Received cash of $57,000 from the issue of common stock. Performed $107,500 worth of services on account. Paid $74,500 cash for salaries expense. Purchased supplies for $15,500 on account. Collected $88,500 of accounts receivable. Paid $11,300 of the accounts payable. Paid a $5,700 dividend to the stockholders. Had $1,850 of supplies on hand at the end of the period. How do you determine the Total Assets from Year 1