Horton Company Reports the Following What Are Total Assets?
A)$2,600
B)$1,600
C)$1,400
D)$1,000
E)$800

Horton Company reports the following: $\begin{array}{ll}\text { Contributed Capital } & \$ 200 \\\text { Total Revenues } & \$ 800 \\\text { Total Liabilities } & \$ 1,200 \\\text { Beginning Retained Earnings } & (\$ 100) \\\text { Total Expenses } & \$ 500 \\\text { Dividends } & \$ \quad 0\end{array}$ What are Total Assets?

A) $2,600
B) $1,600
C) $1,400
D) $1,000
E) $800