The Baldwin company currently has the following balances on their balance sheet: Assets $221,735 Common Stock $51,377 Retained earnings $34,377 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?

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$55,246

$35,246

$135,981

$106,623