Golden Enterprises started the year with the following: Assets $129,000; Liabilities $43,500; Common Stock $73,500; Retained Earnings $12,000. During the year, the company earned revenue of $6,800, all of which was received in cash, and incurred expenses of $3,900, all of which were unpaid as of the end of the year. In addition, the company paid dividends of $2,800 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 $46.400