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

Multiple Choice

Leary Corporation's end-of-year balance sheet consisted of the following amounts:

$$\begin{array} { l r l r } \text { Cash } & \$ 25,000 & \text { Accounts receivable } & \$ 46,000 \\\text { Property, plant, and equipment } & 69,000 & \text { Long-term debt } & 41,000 \\\text { Capital stock } & 107,000 & \text { Accounts payable } & 22,000 \\\text { Retained earnings } & ? & \text { Inventory } & 33,000\end{array}$$
- What is Leary's total liabilities balance at the end of the current year?

A) $3,000
B) $110,000
C) $63,000
D) $173,000