During January 2018, the first month of operations, a consulting firm had following transactions:

1. Issued common stock to owners in exchange for $22,000 cash.

2. Purchased $5,500 of equipment, paying $1,650 cash and signing a promissory note for $3,850.

3. Received $9,900 in cash for consulting services performed in January.

4. Purchased $1,650 of supplies on account; all of the supplies were used in January.

5. Provided consulting services on account in the amount of $17,600.

6. Paid $825 on account.

7. Paid $3,300 to employees for work performed during January.

8. Received a bill for utilities for January of $3,750; the bill remains unpaid.

What is the amount to be reported as total liabilities on the balance sheet at the end of January?