At the beginning of 2019, Huffer Corporation had total assets of $232,400, total liabilities of $94,200, common stock of $50,000, and retained earnings of $88,200. During 2019, Huffer had net income of $51,750, paid dividends of $10,000, and issued additional common stock for $15,000. Huffer's total assets at the end of 2019 were $285,500.

Required:

Calculate the amount of liabilities that Huffer must have at the end of 2019 in order for the balance sheet equation to balance?