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20j Use the adjusted trial balance for Stockton Company to answer the question that follows. Stockton Company Adjusted Trial Balance December 31 Account No. Debit

20j Use the adjusted trial balance for Stockton Company to answer the question that follows.

Stockton Company Adjusted Trial Balance December 31
Account No. Debit Balances Credit Balances
Cash 11 6,452
Accounts Receivable 12 2,028
Prepaid Expenses 13 631
Equipment 18 14,309
Accumulated Depreciation 19 1,320
Accounts Payable 21 1,538
Notes Payable 22 5,770
Bob Steely, Capital 31 11,884
Bob Steely, Drawing 32 638
Fees Earned 41 7,367
Wages Expense 51 2,199
Rent Expense 52 821
Utilities Expense 53 484
Depreciation Expense 54 196
Miscellaneous Expense 59 121
Totals 27,879 27,879

Determine the total liabilities for the period.

a.$1,538

b.$7,308

c.$5,770

d.$14,309

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