Question 3 (1 point) Bennett Inc. has the following balances in their accounts at year end. What is their total liabilities? Accounts Payable $ 80,000 Accounts Receivable $ 50,700 Retained Earnings $ 40,000 Utilities Expense $ 12,500 Sales Revenue $ 250,000 Buildings $ 150,000 Common Stock $ 200,000 Cash $ 15.000 Equipment $ 84,500 Income laxes payable $ 7.500 Travel expense $ 2.200 Land $ 70.000 Rent Expense S 160.000 Furniture 5 112.900 Salamos expense 40.500