At December $31,$ Year $1$ the accounting records of Gordon, Incorporated contain the following items:

Accounts Payable $ $2,500$ Accounts Receivable $ $18,750$

Land $30,000$ Cash $?$

Building $31,250$ Equipment $40,000$

Notes Payable $?$ Capital Stock $12,500$

Retained Earnings $125,000$

If the Cash balance at December $31,$ Year $1$ is $$62,500$ then Total Liabilities amounts to:

Question $2$ options:

$$42,500.$

$$140,000.$

$$45,000.$

$$182,500.$