Family Services, a small social service nonprofit agency, began operations on January $1,20$X$1,$ with $$40,000$ cash and $$150,000$ worth of equipment, on which $$60,000$ was owed on a note to City Bank. The equipment was expected to have a remaining useful life of $15$ years with no salvage value. During its first year of operations, ending December $31,20$X$1,$ Family Services paid or accrued the following:

Salaries and other personnel costs, $$100,000.$

Rent and utilities, $$24,000.$

Debt service: interest, $$5,500,$ and payment on long$-$term note principal, $$10,000.$

Capital outlay: additional equipment purchased January $3,$ $$30,000,$ expected to last $6$ years and have a $$6,000$ salvage value.

Other current operating items paid with cash, $$4,500.$

There were no prepayals or unrecorded accruals at December $31,20$X$1,$ and no additional debt was incurred during the year.

QUESTION: Compute for the Family Services agency, for the year ended December $31,20$X$1,$ its total expenditures.