The Smith family had an income after income taxes and FICA withholdings of $60,000 in 2019 and expect to have the same income in 2020. Spending in 2019 was food $7,000, clothing $4,000, auto leases $6,000, other transportation $4,000, rent $9,000, entertainment $2,000, insurance $3,000, and other expenses (including finance charges) $14,000. On Jan. 1, 2021, their checking account had a balance of $1,000. Their VISA card had a balance of $2,500. Their MasterCard had a balance of $3,500. They had no savings accounts or investments. What are the family's liabilities on Jan. 1, 2019