Required information On December 1, a company reported the following balances: Total Assets: $230,000 Total Liabilities: $119,600 Retained Earnings: $92,000 Common Stock: $18,400 During the month, the following transactions occurred: December 5: paid cash for rent for the current month of $3,800. December 15: purchased office supplies using cash of $1,700. December 20: received cash for services to be provided in the future of $5,800. Use the information above to answer the questions below. After incorporating the effects of the three transactions in December, the ending balance of Total Liabilities (as of December 31) is: (Click to select) $119,600 $88,200 $125,400 $113,800. $117,900