A company reported total equity of $145,000 on its Dec 31, 2006, balence sheet. The following information is available for the year ended Dec 31 2007;
2007 revenues.....................$210,000
2007 Expenses....................$165,000
Liabilities, at Dec 31, 2007...$92,000
What are the total assets of the company at Dec 31, 2007?