On December 31,2010,Virginia Laboratories Had Assets of $235,000 and Owners

Multiple Choice

On December 31,2010,Virginia Laboratories had assets of $235,000 and owners' equity of $84,000.We can conclude that on December 31,2010,Virginia Laboratories balance sheet showed:

A) Total liabilities of $151,000.
B) Suffered a net loss of $151,000.
C) Experienced a cash inflow of $319,000.
D) Paid a dividend of $3.00 per share.