ABC company had the following accounts and balances at the end of the Accounts Payable $50,000 $12.000 Equipment 574000 Inventory $25,000 $12.000 Long-term Debt $33.000 Cost of Goods Sold $85.000 Revenues $200.000 bends Salaries Expense $24.000 Total ablities to ABC company at the end of the year were: 155 $22555