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The total assets of Cullumber Company are $ 5 4 , 0 0 0 . Owner's capital is $ 2 6 , 0 0 0

The total assets of Cullumber Company are $54,000. Owner's capital is $26,000, drawings are $6,000, revenues are $52,000, and expenses are $34,000. What is the amount of the company's total liabilities?
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