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The Baldwin Company currently has the following balances on their balance sheet: Total Assets $136,015 Total Liabilities $61,934 Retained Earnings $64,746 Suppose next year the

The Baldwin Company currently has the following balances on their balance sheet: Total Assets $136,015 Total Liabilities $61,934 Retained Earnings $64,746 Suppose next year the Baldwin Company generates $44,200 in net profit, pays $12,000 in dividends, total assets increase by $55,000, and total liabilities remain unchanged. What will ending Baldwins balance in Common Stock be next year?

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$96,535

$32,135

$317,695

$156,003

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