Lexington Company engaged in the following transactions during 2015, its first year in operation: (Assume all transactions are cash transactions)

1.	Acquired $4,300 cash from issuing common stock.
2.	Borrowed $2,850 from a bank.
3.	Earned $3,750 of revenues.
4.	Incurred $2,530 in expenses.
5.	Paid dividends of $530.

Lexington Company engaged in the following transactions during 2016:

1.	Acquired an additional $1,150 cash from the issue of common stock.
2.	Repaid $1,755 of its debt to the bank.
3.	Earned revenues, $5,150.
4.	Incurred expenses of $3,010.
5.	Paid dividends of $1,420.

6. Required information

The amount of liabilities on Lexington's 2016 balance sheet was

($1,755). $1,095. $890. $1,150.