Intermediate Accounting

Please show work.

Question 36

cash	$12,800
supplies	5,300
prepaid rent	2,800
salaries expense	5,300
equipment	65,800
service revenue	33,200
miscellaneous expense	20,800
dividends	3,800
accounts payable	5,800
common stock	68,800
retained earnings	8,800

What is the amount of total liabilities?

a) $86,700

b)80,100

c)5,800

d)69,300

Question 40

Fink Insurance collected premiums of $18,800,000 from its customers during the current year. The adjusted balance in the Deferred premiums revenue account increased from $5.0 million to $9.0 million dollars during the year. What is Fink's revenue from insurance premiums recognized for the current year?

a)$18,800,000

b)14,800,000

c)9,800,000

d)22,800,000