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Baltimore Company's assets and liabilities are Accounts Receivable $800, Equipment $10,000, Accounts Payable $4,050, Prepaid Rent $2,000, Supplies $400, Bank Loan $3,550, and Tools $300.

Baltimore Company's assets and liabilities are Accounts Receivable $800, Equipment $10,000, Accounts Payable $4,050, Prepaid Rent $2,000, Supplies $400, Bank Loan $3,550, and Tools $300. Baltimore's total liabilities are: (All account balances are normal.)

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