The account balances for a company are listed below. All balances are as of December 31, 2021, except where noted otherwise. Accounts Payable $7,200 Rent Expense $3,000 Accounts Receivable 8,400 Equipment 74,500 Wages Payable 3,400 Furniture 16,600 Prepaid Expenses 500 Notes Payable (due 40,900 12/31/23) Dividends 2,000 Accumulated 8,000 Depreciation Sales Revenue 99,850 Cash 14,000 Notes Payable (due 1,000 Common Stock 20,000 4/30/22) Cost of Goods Sold 48,800 Goodwill 10,000 Loss on Sale of Equipment 5,500 Retained Earnings 16,150 (1/1/21) Inventory 9,500 Marketable Equity 300 Securities Advertising Expense 2,500 Depreciation Expense 1,100 Insurance Expense 2,000 Unearned Revenue 2,200 Determine Total Liabilities as of December 31, 2021: $64,700 $71,100 $52,500 $55,200 $54,700