Inventory $19,000, bonds payable $14,500, patents $220,000, land $80,000, loan payable $26,500, cash $7,000, equipment $150,000, goodwill $105,000, notes payable $10,000, wages payable $14,000, common stock $85,000, accounts receivable $13,500. What is the total of the liabilities of the company?
a) $50,500
b) $51,500
c) $52,500
d) $53,500