Following Is an Extract of Account Balances of Wilson Mowing

Following is an extract of account balances of Wilson Mowing Services as of December 31 of the first year of operation. $$\begin{array} { | l | r | } \hline \text { Accounts Receivable } & \$ 4,000 \\\hline \text { Accounts Payable } & 7,000 \\\hline \text { Salaries Expense } & 5,000 \\\hline \text { Repairs Expense } & 500 \\\hline \text { Truck } & 8,000 \\\hline \text { Equipment } & 8,000 \\\hline \text { Notes Payable } & 8,100 \\\hline \text { Cash } & 7,300 \\\hline \text { Supplies Expense } & 1,500 \\\hline \text { Service Revenue } & 31,000 \\\hline \text { Gasoline Expense } & 3,900 \\\hline \text { Salaries Payable } & 100 \\\hline\end{array}$$ What is the amount of total assets at the end of the year?

A) $12,000
B) $27,300
C) $16,000
D) $23,300