The accounts and their balances as of Dec. 31 of this year for MMD Company are:Accounts Payable = $32,400; Accounts Receivable = 4,200; Advertising Expense = $960; Cash = $11,100; Equipment = $51,000; Income from services = $19,200; Insurance Expense = $480; Owner's Capital = $33,480; Owner, Drawing = $4,800; Rent Expense= $2,850; Supplies = $3,120; Utilities Expense = $1,770; Wages Expense = $4,800.

Using Table 1, the amount of the Total Liabilities is