21) The year-end financial statements of Calloway Company contained the following elements and corresponding amounts: Assets = $28,000; Liabilities = ?; Common Stock = $5,800; Revenue = $12,600; Dividends = $1,150; Beginning Retained Earnings = $4,150; Ending Retained Earnings = $7,800. The amount of liabilities reported on the end-of-period balance sheet was: 2 Points $22,200. $20,200. O $14,400. $18,050. 221 Vall ---- LE