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Michael Company reports Total Assets of $276,000, Common Stock of $55,000, and Retained Earnings of $102,000. What are total liabilities at the end of

Michael Company reports Total Assets of $276,000, Common Stock of $55,000, and Retained Earnings of $102,000. What are total liabilities at the end of the first year? OA. $221,000 OB. $174,000 OC. $229,000 OD. $119,000

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