Golden Enterprises started the year with the following: Assets $111,000; Liabilities $39,000, Common Stock $69,000, Retained Earnings $3.000. During the year, the company earned revenue of $5,900, all of which was received in cash, and incurred expenses of $3,450, all of which were unpaid as of the end of the year In addition, the company paid dividends of $1,900 to owners. Assume no other activities occurred during the year The amount of Golden's liabilities at the end of the year is: Multiple Choice 36.550 $39000 41,450