The Following Is the Balance Sheet for Green Landscaping What Is the Total of Long-Term Liabilities?
A) $59,000
B)

Multiple Choice

The following is the Balance Sheet for Green Landscaping:
$\begin{array}{|l|l|l|l|l|}\hline & & \text { Greene Landscaping } & & \\\hline & & \text { Balance Sheet } & & \\\hline & & \text { December } 31,2008 & & \\\hline \text { Assets } & & & \text { Liabilities } & \\\hline \text { Cash } & & \$ 15,000 & \text { Accounts payable } & \$ 22,000 \\\hline \text { Accounts receivable } && 30,000 & \text { Salaries payable } & 12,000 \\\hline \text { Supplies } && 4,000 & \text { Unearned service revenue } & 25,000\\\hline \text { Prepaid Insurance } & & 8,000 & & \\\hline & & & \text { Total liabilities } & \\\hline \text { Equipment } & & & & 59,000 \\\hline & \$ 85,000 & & \text { Owner's equity } & \\\hline \begin{array}{l}\text { Less: Accumulated } \\\text { depreciation }\end{array} & 10,000 & 75,000 & \text { Green, Capital } & 73,000 \\\hline\\\hline \text { Total assets } & \underline{\$ 132,000} & \begin{array}{l}\text { Total liabilities and } \\\text { owner's equity }\end{array} & \underline{\$ 132,000} \\\hline\end{array}$ What is the total of long-term liabilities?

A) $59,000
B) $132,000
C) $25,000
D) $-0-