X Company, a merchandiser, prepares annual financial statements. During the year, the company had the following transactions:

1. Bought $8,630 of merchandise, $3,222 for cash and $5,408 on account.
2. Bought equipment costing $9,306, paying cash of $5,261, and borrowing $4,045 from the bank.
3. Sold merchandise for $10,953, of which $6,177 was for cash; cost of the merchandise was $6,572.
4. Paid $3,690 to suppliers for merchandise previously bought on account.
5. Collected $2,967 from customers on account.
6. Paid wages of $5,470.
7. Prepaid rent of $598.

If total equities at the beginning of the year were $13,385, what were total equities at the end of the year?