Andrews Company currently has the following balances in their liability and equity accounts: Total Liabilities: $44,460,819 Common Stock: $40,908,000 Retained Earnings: $2,426,695 Suppose next year the Andrews Company generates $36,500,000 in Net Profit, pays $15,000,000 in dividends, and total liabilities and common stock remain unchanged. What must their total assets be next year? a) $87,795,514 b) $2,426,695 c) $109,295,514 d) $139,295,514
