Marianne Company Reports the Following Information on December 31,2011 What Is Total Stockholders' Equity at December 31,2011?
A) $20,000

Multiple Choice

Marianne Company reports the following information on December 31,2011:
$$\begin{array} { l l } \text { Cash } & \$ 70,000 \\\text { Accounts receivable } & 102,000 \\\text { Accounts payable } & 71,000 \\\text { Accrued wages payable } & 6,000 \\\text { Unearned revenue } & 2,000 \\\text { Paid-in capital } & 59,000 \\\text { Retained earnings } & ? \\\text { Inventory } & 30,000 \\\text { Prepaid rent } & 4,000 \\\text { Equipment (net) } & 12,000\end{array}$$
What is total stockholders' equity at December 31,2011?

A) $20,000
B) $80,000
C) $139,000
D) $170,000