(50 points) i need with this question. will give brainiest to the correct answer.

$42,937

Step-by-step explanation:

by std accounting practices,

assets = liabilities + common stock + retained earnings

given next year's assets is $151,000, common stock unchanged @ $60,946

retained earnings  can be calculated as:

from previous year $37,117 + net profit $20,000  - dividends $10,000  

= $47,117

substituting back into the eqn

$151,000 = next year's liabilities + $60,946 + $47,117

next year's liabilities = $151,000 - $60,946 - $47,117

= $42,937