Jasmine Smith Owns a Condo Worth $240,000,a Car Valued at $25,000,and

Jasmine Smith owns a condo worth $240,000,a car valued at $25,000,and miscellaneous assets worth $7,500.She owes $185,000 on the condo and $15,000 on the car and has no other debts.Her retirement account,in which she is fully vested,contains $27,500 in mutual funds.She was just insured with a $500,000 term life insurance policy.What are her total liabilities?

A) $200,000
B) $300,000
C) $100,000
D) $592,500
E) $600,000