Concord Wholesalers Ltd$.$ has a December $31$ year end. The company incurred the following transactions related to current liabilities:

Concord's cash register showed the following totals at the end of the day on March $17$: pre$-$tax sales $$59,000,$ GST $$2,950,$ and PST $$4,130.$

Concord remitted $$49,000$ of sales taxes owing from March to the government on April $30.$

Concord paid its employees for the week of August $15$ on August $20.$ The gross pay was $$90,000.$ The company deducted $$4,240$ for CPP$,$ $$1,422$ for EI$,$ $$7,200$ for pension, and $$16,020$ for income tax from the employees' pay.

Concord recorded the employer portions of CPP and El for the week of August $15$ on August $20$ for $$4,240$ and $$1,770,$ respectively.

On September $15,$ all amounts owing for employee income taxes, CPP$,$ and El pertaining to the payroll transactions above were paid.

On December $31,$ Concord's legal counsel believes that the company will have to pay damages of $$67,000$ next year to a local utility company. $($Hint: This will affect the Utility Expense account.$)$