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Issued 1 0 , 3 0 0 shares of common stock for $ 2 0 , 6 0 0 cash Purchased land for $ 1

Issued 10,300 shares of common stock for $20,600 cash
Purchased land for $12,300 by signing a note payable for the full amount
Purchased office equipment for $1,500 cash
Received cash of $14,300 for services provided to customers during the month Purchased $400 of office supplies on account
Paid employees $10,300 for work during the current period.
What is the total amount of liabilities following these six transactions?
Multiple Choice
$33,300
$12,700
$16,200
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