Last choice is 110,000

On December 31, 2019, Krug Company prepared adjusting entries that included the following items: Depreciation expense: $33,000; Accrued sales revenue: $31,000; Accrued expenses: $12,000; Used insurance: $5,000; the insurance was initially recorded as prepaid. Rent revenue earned: $3,000; the rent was initially prepaid by the tenant and credited to unearned rent revenue. If Krug Company reported total liabilities of $110,000 prior to adjusting entries, how much are Krug's total liabilities after the adjusting entries? Multiple Choice $88,000. $143,000. $119,000