During its first month of operations, Daisy Company $(1)$ borrowed $$400,000$ from a bank, and then $(2)$ purchased an equipment costing $$160,000$ by paying cash of $$80,000$ and signing a long term note for the remaining amount. During the month, the company also $(3)$ purchased inventory for $$120,000$ on credit, $(4)$ performed services for clients for $$240,000$ on account, $(5)$ paid $$60,000$ cash for accounts payable, and $(6)$ paid $$120,000$ cash for utilities.

What is the amount of total liabilities at the end of the month?

A$)$ $$380,000$

B$)$ $$540,000$

C$)$ $$500,000$

D$)$ $$660,000$