Lake Co Receives Nonrefundable Advance Payments with Special Orders for Containers

Multiple Choice

Lake Co. receives nonrefundable advance payments with special orders for containers constructed to customer specifications. Related information for 2013 is as follows ($ in millions) : What amount should Lake report as a current liability for advances from customers in its Dec. 31, 2013, balance sheet?

A) $0.
B) $80.
C) $125.
D) $170.