The Baldwin company currently has the following balances on their balance sheet: Assets $245,238 Common Stock $57,539 Retained earnings $40,350 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

$43,111

$23,111

$147,349

$100,650