Consider the following data:

Cash .................................................. $ 15,200

Accounts receivable............................. 29,500

Accounts payable.................................. 34,500

Note payable.......................................... 50,000

Inventory................................................ 17,000

Dividends payable................................ 5,200

Equipment.............................................. 220,000

Supplies.................................................. 6,400

Net Income............................................. 35,000

Accumulated Depreciation.................. 100,000

Common shares..................................... 40,000

Beginning Retained earnings............... 23,400

Prepaid rent............................................ 1,600

Salaries payable..................................... 12,000

The Total liabilities amount is:

a.

$98,100.

b.

$198,100.

c.

$101,700.

d.

$196,500.