Lithuanian Motors Has the Following Balance Sheet Accounts If the Company Has Total Assets of $288,000, What Is

Lithuanian Motors has the following balance sheet accounts: $$\begin{array} { l r } \text { Land } & \$ 170,000 \\\text { Equipment } & 66,000 \\\text { Salaries Payable } & ? \\\text { Notes Payable } & 88,000 \\\text { Supplies } & 14,000 \\\text { Cash } & 26,000 \\\text { Common Stock } & 100,000 \\\text { Retained Earnings } & 40,000 \\\text { Accounts Payable } & ? \\\text { Prepaid Rent } & 12,000\end{array}$$ If the company has total assets of $288,000, what is the balance of the company's Salaries Payable account?

A) $15,000.
B) $25,000.
C) $12,000.
D) Cannot be determined given the information provideD.Total liabilities + Stockholders' equity = ($288,000) = Accounts Payable (?) + Salaries Payable (?) +Notes Payable ($88,000) + Common Stock ($100,000) + Retained Earnings ($40,000) ; therefore, with two unknowns there is not enough information to solve the problem.