Electrelane Company showed the following balances at the end of its first year:

Cash

$4,000

Prepaid insurance

7,000

Accounts receivable

5,000

Accounts payable

4,000

Notes payable

6,000

Owner's Capital

2,000

Owner's Drawings

1,000

Revenues

32,000

Expenses

25,000

What did Electrelane Company show as total credits on its trial balance?

A)

$9,000

B)

$44,000

C)

$45,000

D)

$49,000