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Use the following information to complete the next two questions: The balance sheet for a company at December 31, 2020 indicated that total assets were
Use the following information to complete the next two questions: The balance sheet for a company at December 31, 2020 indicated that total assets were $155,000 and total liabilities were $80,000. At December 31, 2021, assets had increased by $22,000. Additional information for 2021 included the following: Revenues Expenses Dividends $110,000 68,000 7,000 What was total SHE on December 31, 2021? Select one: O a. 112,000 O b. 177,000 O c. 68,000 O d. 110,000 O e. 75,000 What were total liabilities on December 31, 2021? Select one: a. 75,000 O b. 67,000 o C. 80,000 O d. 102,000 O e. 110,000
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