7. X Company, a merchandiser, had the following transactions in August:

Borrowed $21,000 from a bank.

Bought equipment costing $10,100, paying the manufacturer $5,800 in cash and promising to pay the remaining $4,300 next month.

Paid utility expenses of $5,894.

Purchased a $6,000, five-year insurance policy, paying for two years in advance.

Paid back a previous loan for $3,750

If total liabilities on August 1 were $30,448, what were total liabilities on August 31? .