Rochester Corporation holds cash of $11,000 and owes $27,000 on accounts payable. Rocheste

r has accounts receivable of $40,000, inventory of $34,000, and land that cost $55,000. How much are Rochesters total assets and liabilities？A．Totalassets ＄129,000； TotalLiabilities ＄27,000B．Totalassets ＄27,000； TotalLiabilities ＄140,000C．Totalassets ＄140,000； TotalLiabilities ＄27,000D．Totalassets ＄140,000； TotalLiabilities ＄93,000