[The following information applies to the questions displayed below.) 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. What was the amount of total liabilities reported on the balance sheet as of the end of the current year? Multiple Choice $12.700 O $10,700 O $18,400 $22,300