FO $2,023 8 pt X Company, a merchandising company, had the following transactions during the year: 1. Received $8,875 in cash contributions from the owners. 2. Purchased $8,890 worth of merchandise on account from suppliers. 3. Sold merchan dise on account to customers for S10,155; the merchandise cost X Company $6,093. 4. Paid $3.337 to suppliers for merchandise that X Company had previously purchased on account. 5. Collected $3,099 from customers who had previously purchased merchandise on account. 6 Bought equipment for $9,733 with a down payment of S5,228 and a $4,505 loan from the bank. 7. Paid wages of $1,146. 8. Recognized the expiration of $573 of prepaid rent. If total equties at the beginning of the year were $10,605, what were total equities at the end of the year? CO $31,881 DO $39,851 EO $49,814 BO $25,505 FO $62,268 AO $20,404 9