Gerald Company has the following account balances at the end of the first year of operations:

Revenues	$105,000
Salaries Expense	$36,000
Dividends	$12,000
Utilities Expense	$11,000
Advertising Expense	$9,000
Cash	$34,000
Land	$58,000
Common Stock	$55,000

What are total assets at the end of the first year?

A.

$34,000

B.

$221,000

C.

$92,000

D.

$116,000