16. RD Company's trial balance has the following account balances at the end of the last accounting period. Cash $40,000 Prepaid Insurance 3,500 Accounts Receivable 15,000 Accounts Payable 9,000 Notes Payable 12,000 Common Stock 20,000 Revenues 35,000 12,500 5,000 Expenses Dividends What is the amount of the total credits shown on the company's trial balance? A) $55,000 B) $71,000 C) $64,500 D) $76,000