The following information is available from various budgets for the current period: Schedule of cash payments for Accounts Payable purchases $40,000 Schedule of cash payments for selling and administrative Salaries Payable expenses 9,000 Notes Payable Cash budget 36,000 Net Income Budgeted income statement 73,000 The following balances are available from the balance sheet at the end of the previous year: Retained Earnings $10,000 What would be the amount of total liabilities on the budgeted balance sheet? A. $168,000 B. $158,000 C. $85,000 D. $83,000