Assume a company's January 1, 2009, financial position was: Assets, $150,000 and Liabilities, $60,000. During January 2009, the company completed the following transactions:

(A) Paid on a note payable $10,000 (no interest was paid);

(B) Collected an accounts receivable, $9,000;

(C) Paid an accounts payable, $5,000; and

(D) Purchased a truck, $5,000 cash, and a $20,000 note payable from a bank.

The company's January 31, 2009 financial positionis

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Liabilities S60,000 S65,000 $75,000 $100,000 Stockholders' Equity Assets $150,000 $155,000 S160,000 S170,000 S90,000 S90,000 $85,000 $70,000