The Baldwin company currently has the following balances on their balance sheet: Assets $184,837 Common Stock $42,793 Retained earnings $28,363 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 Submit Answer

A-$69,844

B-$49,844

C-$113,681

D-$112,637