Alda Inc. had assets of $255,000 and liabilities of $127,000 at the beginning of the year. During the year, revenues were $143,000 and expenses were $91,000. Also, during the year the business paid the owners a dividend of $5,000 and assets increased by $21,000.

What were Alda's total liabilities at the end of the year?

a)

$101,000

b)

$145,000

c)

$195,000

d)

$246,000

e)

$153,000