Wetzel Company has the following accounts and balances at the end of the first year of operations: Long-Term Notes Payable $154,000 Accounts Receivable $33,000 Accounts Payable $40,000 Building $55,000 Cash and Cash Equivalents $65,000 Salaries Expense $20,500 Common Stock $110,000 Interest Payable $3,500 Land $41,000 Short-term Investments $26,000 Income Taxes Payable $11,000 Equipment $59,500 Supplies $28,000 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? O A. $204,000 B. $54,500 C. $110,500 OD. $208,500