8B. 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 assets on August 1 were $72,128, what were total assets on August 31?

A: $68,748

B: $77,685

C: $87,784

D: $99,196

E: $112,091

F: $126,663