Wetzel Company has the following accounts and balances at the end of the first year of operations:

Long $$ Term Notes Payable

$$150,000$

Accounts Receivable

$$31,000$

Accounts Payable

$$38,000$

Building

$$55,000$

Cash and Cash Equivalents

$$60,000$

Salaries Expense

$$20,500$

Common Stock

$$108,000$

Interest Payable

$$6,500$

Land

$$43,000$

Short $$ term Investments

$$27,000$

Income Taxes Payable

$$14,000$

Equipment

$$59,500$

Supplies

$$30,000$

Service Revenue

$$99,000$

Supplies Expense

$$38,000$

Utilities Expense

$$28,500$

Income Tax Expense

$$23,000$

What is the total amount of liabilities at the end of the year?

A$.$ $$208,500$ B$.$ $$112,500$ C$.$ $$205,000$ D$.$ $$58,500$