Questions 788 refer to the following information: X Company, a menchandisec, had the following transactions in August: 1. Borrowed $27,000 from a bank. 2. Bought equipment costing $9,500, paying the manufacturer $5,300 in cash and promising to pay the remaining 54,200 next month. 3. Paid utity expenses of $5.479. 4. Purchased a 56,000 , five-year insurance policy, paying for three years in advance. 5. Paid back a previous loan for $3,700, 7. If total liabilities on August I were 530,614 , what were total liabilities on August 31 ? Tries 0/3