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Marigold Company showed the following balances at the end of its first year: Cash $ 6080 Prepaid insurance 9470 Accounts receivable 6940 Accounts payable 5640

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

Cash

$ 6080

Prepaid insurance

9470

Accounts receivable

6940

Accounts payable

5640

Notes payable

8360

Owner's Capital

2710

Owner's Drawings

1320

Revenues

44000

Expenses

34400

What is the total of accounts with credit balances for Marigold Company?

A) $60710

B)$ 62030

C) $ 52260

D)$ 70180

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