The Cheese Shoppe's Liabilities Total $59,000 and Its Owners' Equity

Multiple Choice

The Cheese Shoppe's liabilities total $59,000 and its owners' equity is $124,000. Which of the following is true?

A) The total assets equal $65,000.
B) The firm's assets are $124,000.
C) The current liabilities are less than the current assets.
D) The total assets equal $183,000.
E) The firm's sales are $183,000.