Use the Following Information for Questions O' Hara Company Began $2011 .$

Use the following information for questions O' Hara Company began operations on December 1,2011 . Presented below is selected information related to O' Hara Company at December 31, $2011 .$

-Equity at December 31, 2011, is

A) £ 148,000
B) £ 121,000
C) £ 93,000
D) £ 55,000