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The Baldwin Company currently has the following balances on their balance sheet: Total Assets$175,601 Total Liabilities $75,013 Retained Earnings$91,994 Suppose next year the Baldwin Company

The Baldwin Company currently has the following balances on their balance sheet: Total Assets$175,601 Total Liabilities $75,013 Retained Earnings$91,994 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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$181,420
$397,608
$95,794
$31,394

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