A company started the year with the following Assets $100,000; Liabilities $30,000; Common Stock $60,000; Retained Earnings $10,000. During the year, the company earned reverse of $5,000, all of which was received in cash, and increased expenses of $3,000, all of which were unpaid as of the end of the year in addition, the company paid dividends of $1,000 to owners. Assume no other activities occurred during the year. Use the information above to a answer the following question. The amount of liabilities at the end of the year is $30,000 $22,000 $33,000 $28,000