1. You are constructing financial statements for Green Farms. Use the following information to determine the dollar amount of total noncurrent liabilities.

   Total current liabilities $14,000

   Total operating expenses $58,000

   Total noncurrent liabilities ?

   Total owners equity $138,500

   Total liabilities and owners equity $242,500

   Total noncurrent assets $225,000

   Interest expense $10,000

   	a.	$46,000
   	b.	$220,000
   	c.	$124,500
   	d.	$90,000