Fealty Company had the following transactions during 2022. All transactions were for cash payments. Fealty has a year-end of December 31 and a beginning cash balance of $13,500. Date June 30th July 1st October 31st December 1st December 31st Description Paid $12,000 in cash for advertising. Ads will air for the next 12 months. Borrowed $15,000 on a 10-month note payable at 5% interest. Interest is payable when the note matures on January 31st Paid $10,000 for the next 8-months of rent. Customers bought $1,500 worth of gift cards. Gift cards expire in 12 months. Customers redeemed $200 worth of gift cards sold December 1st Assuming Fealty uses accrual accounting; compute the total value of current liabilities that will appear in Fealty's December 31, 2022 balance sheet.

Fealty Company had the following transactions during 2022. All transactions were for cash payments. Fealty has a year-end of December 31 and a beginning cash balance of $13,500. Issuming Feaity uses accrual accounting: compute the total value of current liobilities that will oppear in Fealty's December 31,2022 balance sheet