The Baldwin company currently has the following balances on their balance sheet: Assets $161,078 Common Stock $9,246 Retained earnings $85,512 Suppose next year the Baldwin Company generates $20,000 in net profit, pays $10,000 in dividends, assets change to $151,000, and common stock remains unchanged. What must their total liabilities be next year? Select : 1 Save Answer 546,242 $26,242 $66,320 $55,488