Ceramic Products, Inc. reports these account balances at January 1, 2018 (shown in alphabetical order). Accounts Payable Accounts Receivable Buildings Capital Stock Cash Equipment Land Notes Payable Retained Earnings $28,000 $20,000 $153,000 $185,000 $13,000 $ 20,000 $80,000 $ 24,000 $ 49,000 On January 5, Ceramic Products collected $ 12,000 of its accounts receivable and paid $ 11,000 on its note payable. In a trial balance prepared by Ceramic Products on January 1, 2018, the total of the credit column is: a. $182,000 b. $196,000 c. 166,000 d. $286,000