Finnish Motors has the following balance sheet accounts:

Land $ 150,000

Equipment 90,000

Salaries Payable 12,000

Notes Payable 99,000

Supplies 10,000

Cash 25,000

Common Stock 40,000

Retained Earnings 100,000

Accounts Payable ?

Prepaid Rent ?

If the company has total assets of $290,000, what is the balance of the company's Accounts Payable account?

A) $15,000.

B) $25,000.

C) $12,000.

D) $39,000.

Answer: D