Any transactions affect more than one time period. The following items are taken from the financial statements of SQU Company for the year ending December 31, 2011: Accounts payable R.O.27,000; Accounts receivable 16,500; Accumulated depreciation - equipment 42,000; Advertising expense 31,500; Cash 22,500; Share capital-ordinary 63,000, Dividends 14,000 Depreciation expense 18,000; Equipment 315,000; Insurance expense 4.500; Note payable (due 6/30/12) 105,000; Prepaid insurance (12-month policy) 9,000; Rent expense 25,500; Retained earnings (1/1/11) 90,000; Salaries expense 48,000; Service revenue 133,000; Supplies 4.000; Supplies expense 6,000. What are total current liabilities at December 31, 2011? Select one: O a. R.O.88,000 O b.R.O.132,000 O c.R.O.163.500 O d.R.O.27,000