QUESTION 3 Golden Enterprises started the year with the following: Assets $113,000; Liabilities $39,500; Common Stock $69,500; Retained Eamings $4,000. During the year, the company samed w was received in cash, and incurred expenses of $3,500, all of which were unpaid as of the end of the year. In addition, the company paid dividends of $2.000 to owners Assume no other year. The amount of Golden's assets at the end of the year is: Oa. $119,000. Ob. $121,500. Oc $122,500. Od. $117,000. Oe. None of the above.