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Question - Sunday Company reports the following information on December 31st 2014

Cash                                           20,000

Accounts Receivable                     112,000

Accounts payable                         91,000

Accrued Wages Payable                6,000

Unearned Revenues                      2,000

Paid in Capital                              59,000

Retained Earnings                         80,000

Inventory                                     30,000

Prepaid Rent                                 4,000

Equipment (Net)                            12,000

What are the total assets as of December 31st 2014?

A. 166,000

B.180,000

C. 162,000

D. 178,000

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