Sasquatch company entered into the following transactions during its first year of operations: Issued stock to owners for $10,500. Borrowed $5,050 from the bank by signing a promissory note. Purchased $1,050 of supplies on account. Paid $950 to suppliers as payment on account for the supplies purchased. . W D M What is the amount of total liabilities at the end of the year? 16,150. 16,600. O 15,650. 6,100.

Sasquatch company entered into the following transactions during its first year of operations: - Issued stock to owners for $10,500. - Borrowed $5,050 from the bank by signing a promissory note. - Purchased $1,050 of supplies on account. - Paid $950 to suppliers as payment on account for the supplies purchased. What is the amount of total liabilities at the end of the year? 16,150 . 16,600 . 15,650 . 6,100