Use the following information extracted from adjusted trial balance: Cash $15,200; Accounts receivable $29,500; Accounts payable $34,500; Note payable $50,000; Inventory $17,000; Dividends payable $5,200; Equipment $220,000; Supplies $6,400; Net Income $35,000; Accumulated Depreciation $100,000; Common shares $40,000; Beginning Retained earnings $23,400; Prepaid rent $1,600; Salaries payable $12,000; Supplies expense $5,000; Unearned revenue $3,000. What is the amount of total assets?