McCoy Corporation provides plumbing services. Transactions during the first year of operations are provided below. a) Received $10,000 cash and issued common stock to Sharon McCoy. b) Paid $1,800 cash for equipment to be usedtfor plumbing repairs. c) Borrowed $14,000 from a local bank and deposited the money in the checking account. d) Paid $600 rent for the year. A. $14,000 B. $22,200 c) Borrowed $14,000 from a local bank and deposited the money in the checking account. d) Paid $600 rent for the year. e) Purchased $400 of office supplies by cash. f) Completed a plumbing repair project for a local lawyer and received $3,200 cash. Calculate the amount of total liabilities at the end of the first year. C. $10,000 D. $3,200