M8. DIf a company has stockholders' equity of $215,000 at the end of the year, which of the following statements mustO The company's liabilities exceed assets by $215,000.O Retained Earnings is at least $215,000.The company's assets exceed liabilities by $215,000.O The company has issued $215,000 of common stock.O None of the above.Question 7Roland Company's trial balance reflected the following account balances at December 31, 2021:Accounts receivable (net)Short-term investmentsAccumulated depreciation on equipment and furnitureCashInventoryEquipmentPatentShort-term investmentsAccumulated depreciation on equipment and furnitureCashInventoryEquipmentPatentPrepaid expensesLandO 82,000O 110,000O 70,000O 105,000OO38,000O90,0003,0007,50032,00030,00012,5004,0003,0007,50032,00030,00012,5004,000In Roland Company's December 31, 2021 balance sheet, the total amount of current assets is2,00018,000

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If a company has stockholders' equity of $215,000 at the end of the year, which of the following statements must O The company's liabilities exceed assets by $215,000. O Retained Earnings is at least $215,000. The company's assets exceed liabilities by $215,000. The company has issued $215,000 of common stock. O None of the above.