At the beginning of the year, Execon Company had total assets of $200,000, total liabilities of $110,000, and total shareholders' equity of $90,000. For the year, Execon Company reported net income of $70,619 and declared and paid cash dividends of $13,356. At the end of the year, the company had total assets of $278,667 and total shareholders' equity of $110,312. At the end of the year, Execon Corporation had total liabilities of ________.