The stockholders equity of Chernasky Company at the beginning and end of 20X0 totaled $15,000 and $18,000, respectively. Assets at the beginning of 20X0 were $25,000. If the liabilities of Chernasky Company increased by $8,000 in 20X0, how much were total assets at the end of 20X0?

a. $36,000

b. $16,000

c. $2,000

d. Some other amount

Please do not copy it from Chegg or I have to report, provide a proper explanation.