Determine total assets, operating activity, and investing activities Issa Manufacturing...
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Accounting
Determine total assets, operating activity, and investing activities 
Issa Manufacturing Company was started on January 1, 2014, when it acquired dollar 77,000 cash by issuing common stock. Issa immediately purchased office furniture and manufacturing equipment costing dollar 9, 800 and dollar 33, 400, respectively. The office furniture had a seven-year useful life and a zero salvage value. The manufacturing equipment had a dollar 3, 400 salvage value and an expected useful life of four years. The company paid dollar 11, 200 for salaries of administrative personnel and dollar 15, 400 for wages to production personnel. Finally, the company paid dollar 9, 020 for raw materials that were used to make inventory. All inventory was started and completed during the year. Issa completed production on 4, 200 units of product and sold 3, 260 units at a price of dollar 15 each in 2014. (Assume that all transactions are cash transactions.)
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