Electrelane Company Showed the Following Balances at the End of Its

Multiple Choice

Electrelane Company showed the following balances at the end of its first year: $$\begin{array} { l r } \text { Cash } & \$ 4,000 \\\text { Prepaid insurance } & 7,000 \\\text { Accounts receivable } & 5,000 \\\text { Accounts payable } & 4,000 \\\text { Notes payable } & 6,000 \\\text { Common stock } & 2,000 \\\text { Dividends } & 1,000 \\\text { Revenues } & 32,000 \\\text { Expenses } & 25,000\end{array}$$ What did Electrelene Company show as total credits on its trial balance?

A) $9,000
B) $44,000
C) $45,000
D) $49,000