The financial statements of Calloway Company prepared at the end of the current year contained the following elements and corresponding amounts: Assets = $33,000; Liabilities = ?; Common Stock = $6,300; Revenue = $13,600; Dividends = $1,400; Beginning Retained Earnings = $4,400; Ending Retained Earnings = $8,300.

Based on this information, what was the amount of expenses reported on Calloway's income statement for the current year?

What was the amount of total liabilities reported on the balance sheet as of the end of the current year?