X Company, a merchandiser, had the following transactions in August:

Borrowed $22,000 from a bank Bought equipment costing $10, 500, paying the manufacturer $6,000 in cash and promising to pay the remaining $4, 500 next month. Paid a utility bill for $5, 453. Purchased a $5,000, five-year insurance policy, paying for three years in advance. Received $2, 282 from customers for merchandise that had to be ordered and would be delivered next month. Paid back a previous loan for $3, 950. If the balance in the cash account on August 1 was $35, 591, what was the balance on August 31? $41, 470 If total assets on August 1 were $74, 309, what were total assets on August 31? ______ If total liabilities on August 1 were $30, 095 what were total abilities on August 31? _______