The Baldwin Company currently has the following balances on their balance sheet: Total Liabilities $74,758 Common Stock $13,435 Retained Earnings $90,097 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?

Select : 1

$199,790

$178,290

$229,790

$103,532