Michelle Boisclair Company compiled the following financial information as of December 31, 2020: Revenues Owner's Capital (1/1/20) Equipment Expenses Cash Owner's Drawings Supplies Accounts payable Notes Payable Accounts receivable $440000 $260000 O $480000 O $360000 140000 180000 340000 100000 20000 20000 60000 100000 80000 Michelle Boisclair's liabilities on December 31, 2020 are