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The Baldwin company currently has the following balances on their balance sheet: Assets $157,430 Common Stock $9,744 Retained earnings $83,845 Suppose next year the Baldwin

The Baldwin company currently has the following balances on their balance sheet: Assets $157,430 Common Stock $9,744 Retained earnings $83,845 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?
a) 47411

b)27411

c)63841

d)57155

Balance Sheet ASSETS 20252024 Common Size

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