Murphy Corporation's End-Of-Year Balance Sheet Consisted of the Following Amounts

Multiple Choice

Murphy Corporation's end-of-year balance sheet consisted of the following amounts: ? $$\begin{array} { l r l r } \text { Cash } & \$ 35,000 & \text { Accounts receivable } & \$ 46,000 \\\text { Property, plant \& equip ment } & 69,000 & \text { Long-term debt } & 41,000 \\\text { Capital stock } & 107,000 & \text { Accounts payable } & 22,000 \\\text { Retained earnings } & ? & \text { Inventory } & 33,000\end{array}$$ ?
?
What is Murphy's owners' equity balance at the end of the current year?

A) $3,000
B) $120,000
C) $63,000
D) $173,000