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At the end of the current accounting period, account balances were as follows: Cash, $ 2 7 , 0 0 0 ; Accounts Receivable, $

At the end of the current accounting period, account balances were as follows: Cash, $27,000; Accounts Receivable, $40,000; Common Stock, $18,000; Retained Earnings, $10,000. Liabilities at the end of the period were: Question content area bottom Part 1 A. $$39,000. B. $57,000. C. $67,000. D. $49,000.

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