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15. Montauk Oil Co. reports these account balances at December 31, 2014 On January 2, 2015, Montauk Oil collected $0,000 of its accounts receivable and

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15. Montauk Oil Co. reports these account balances at December 31, 2014 On January 2, 2015, Montauk Oil collected $0,000 of its accounts receivable and paid $20,000 of its accounts payable, On Jamuary 3, 2015, total liabilities are: A. $370,000. B. $350,000. C. $300,000. D. $70,000

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