QUESTION 12 Golden Enterprises started the year with the following: Assets $113.000; Liabilities $39,500: Common Stock $09,500; Retained Eamings $4,000. During the year, the company eamed revenue of $6,000, all of which was received in cash, and incurred expenses of $3,500, all of which were unpaid as of the end of the year in adsidon the company paid dividends of $2.000 to owners. Assume no other activities occurred during the year The amount of Golden's assets at the end of the year is O a $119,000 Ob.$121,500 Oc. $122.500 Od.$117,000 Oe. None of the above. 4 points Save