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Step-by-step explanation:
To calculate the total assets of the company, we need to sum up all the assets mentioned:
Fixtures: $35k
Buildings: $350k
Land: $630k
Cash: $315k
Notes Receivable: $420k
Accounts Receivable: $525k
Inventory: $245k
Total Assets = $35k + $350k + $630k + $315k + $420k + $525k + $245k
Total Assets = $2520k
Therefore, the total assets of the company are $2520,000.