Fun Games CompanyFun Games Company was founded by Avery Rinehart to produce a novelty item marketed under the name Puzzler. Each Puzzler cost the company $14. In addition to these production costs that varied in direct proportion to volume (called variable costs), the company also incurred $4,000 per month in operating costs (called fixed costs), regardless of the month's volume. The company sold its product for $22 each. As of December 31, Rinehart had been producing Puzzler for three months using rented facilities. The balance sheet on this date was as follows: Balance Sheet As of December 31 Assets Cash $58,500 Receivables 27,500 Inventory 14,000$100,000