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