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Below is some selected information from the financial statements of ManyFaces, Ltd: As of 12/31/2020 As of 12/31/2019 Total Assets $4,500,320 $3,930,560 Total Liabilities ?????

Below is some selected information from the financial statements of ManyFaces, Ltd:

As of 12/31/2020

As of 12/31/2019

Total Assets

$4,500,320

$3,930,560

Total Liabilities

?????

$2,063,990

During the year ended 12/31/2020, the firm reported net income of $250,313, issued $17,000 of Common Stock at par value, and declared and paid $3,000 in Dividends. What is the balance of Total Liabilities as of 12/31/2020?

Group of answer choices

$2,563,750

$2,619,500

$2,904,063

$2,369,437

$2,458,543

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