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The Baldwin Company currently has the following balances on their balance sheet: Total Liabilities$71,786 Common Stock$9,423 Retained Earnings$88,846 Suppose next year the Baldwin Company generates

The Baldwin Company currently has the following balances on their balance sheet:

Total Liabilities$71,786

Common Stock$9,423

Retained Earnings$88,846

Suppose next year the Baldwin Company generates $36,500 in net profit and pays $15,000 in dividends and total liabilities and common stock remain unchanged. What must their total assets be next year?

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