3 1 point The account balances for a company are listed below. All balances are as of December 31, 2021, except where noted otherwise. Accounts Payable $7,200 Rent Expense $3,000 Accounts Receivable 8,400 Equipment 74,500 Wages Payable 3,400 Furniture 16,600 Prepaid Expenses 500 Notes Payable (due 40,900 12/31/23) Dividends 2,000 Accumulated Depreciation 8,000 Sales Revenue 99.850 Cash 14,000 Notes Payable (due 4/30/22) 1,000 Common Stock: 20,000 Cost of Goods Sold 48,800 Goodwill 10,000 Loss on Sale of Equipment 5,500 Retained Earnings (1/1/21) 16,150 Inventory 9,500 Advertising Expense Marketable Equity Securities 300 2,500 Insurance Expense Depreciation Expense 1,100 2,000 Unearned Revenue 2,200 Determine Total Liabilities as of December 31, 2021: $54,700 $52.500 $64,700 $71.100