Sharon Samson Owns Reliable Waterworks Which Provides Plumbing Service

Sharon Samson owns Reliable Waterworks which provides plumbing service. Transactions of Reliable Waterworks during the first year of operations are given below:
A. Sharon contributed $14,000 into a new checking account for the business and recorded capital contribution.
B. Paid $2,000 for equipment to be used for plumbing repairs.
C. Borrowed $15,000 from a local bank and deposited the money in the checking account.
D. Paid $600 as rent for the year.
E. Paid $500 for plumbing supplies to be used on various jobs in the future.
F. Completed a plumbing repair project for a local lawyer and received $3,500.
Calculate the amount of total assets balance at the end of the first year.

A) $2,500
B) $2,000
C) $29,000
D) $31,900