On December 31 the Philip Corporation had the following account balances.

Accounts Payable	$2,300		Income Taxes Payable	$1,900
Accounts Receivable	$16,300		Rent Expense	$3,900
Cash	$17,900		Retained Earnings	$7,900
Common Stock	$23,000		Supplies	$5,400
Dividends	$2,000		Supplies Expense	$6,900
Fees Revenue	$61,300		Wages Expense	$44,900
Income Taxes Expense	$3,700		Wages Payable	$4,600

Calculate the dollar amount of the Corporation's total liabilities on December 31.

	a.	$6,900
	b.	$4,200
	c.	$8,800
	d.	$6,500