The Statement of Financial Position of Fashion Apparel Boutique, Inc. as of December 31, 20X9 13 included total assets of $86,000,000 and total stockholders equity of $46,000,000. At December 31, 20X9, total liabilities were

a) $40,000,000. b) $46,000,000. c) $132,000,000. d) Cannot be determined from information provided.