The Baldwin company currently has the following balances on their balance sheet: Assets$256,801 Common Stock$55,572 Retained earnings$51,499 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

$13,929

$149,730

$89,501

$33,929