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Henrietta Company reported total stockholders equity of $870,000 on its Dec 31, 2018, balance sheet. The following information is available for the year ended Dec
Henrietta Company reported total stockholders equity of $870,000 on its Dec 31, 2018, balance sheet. The following information is available for the year ended Dec 31, 2019:
Revenues | $1,260,000 |
Expenses | 990,000 |
Assets on Dec. 31, 2019 | 2,432,000 |
What are the total liabilities of the company on December 31, 2019?
Select one:
A. $ 562,000
B. $1,260,000
C. $1,292,000
D. $2,432,000
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