On December $31,2023,$ Vivid Corporation prepared adjusting entries that included the following items:

Depreciation expense: $$44,000$;

Accrued sales revenue: $$42,000$;

Accrued expenses: $$12,000$;

Used insurance: $$4,000$; the insurance was initially recorded as prepaid.

Rent revenue earned: $$2,000$; the rent was initially prepaid by the tenant and credited to unearned rent revenue.

If Vivid Corporation reported total liabilities of $$220,000$ prior to adjusting entries, how much are Vivid's total liabilities after the adjusting entries?

Multiple Choice

$$220,000$

$$264,000$

$$230,000$

$$196,000$