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The Baldwin company currently has the following balances on their balance sheet: Assets $258,364 Common Stock $61,184 Retained earnings $36,612 Suppose next year the Baldwin

The Baldwin company currently has the following balances on their balance sheet: Assets $258,364 Common Stock $61,184 Retained earnings $36,612 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?

$43,204

$23,204

$160,568

$104,388

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