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The Baldwin company currently has the following balances on their balance sheet: Assets $223,269 Common Stock $48,275 Retained earnings $40,280 Suppose next year the Baldwin

The Baldwin company currently has the following balances on their balance sheet: Assets $223,269 Common Stock $48,275 Retained earnings $40,280 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

A. $52,445

B. $32,445

C. $134,714

D. $100,720

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