Reliable Waterworks provides plumbing services. Transactions of Reliable Waterworks during the first year of operations are given below. a) The owner, Steve Sharon, contributed $11,000 cash to form the business. b) Paid $1,400 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 $100 in rent for the year. e) Paid $400 for plumbing supplies to be used on various jobs next year. f) Completed a plumbing repair for a law firm and received $3,200. Calculate the amount of total assets at the end of the first year. Assume the plumbing supplies of $3,200 are left at the end of the year.