You Have Been Provided the Following Information About High Inc

Multiple Choice

You have been provided the following information about High Inc. $\begin{array}{lll}\text { (in thousands of dollars) }&2005&2006\\\text { Current assets } & \$ 158 & \$ 163 \\\text { Long-term assets } & \$ 453 & \$ 502 \\\text { Current liabilities } & \$ 102 & \$ 143 \\\text { Long-term liabilities } & \$ 302 & \$ 348 \\\text { Net income } & \$ 32 & \$ 42\end{array}$
-Owner's equity for 2006 is:

A) $20,000.
B) $154,000.
C) $174,000.
D) $207,000.