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At the end of fiscal 2023, AEJ Inc. reported the following amounts on the statement of financial position: cash $10,000, accounts receivable $35,000, retained earnings

At the end of fiscal 2023, AEJ Inc. reported the following amounts on the statement of financial position: cash $10,000, accounts receivable $35,000, retained earnings $40,000, equipment $70,000 and share capital $30,000. What was the amount of total liabilities?

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