X Company, a merchandising company, had the following transactions during the year:

1. Received $8,109 in cash contributions from the owners. 2. Purchased $8,032 worth of merchandise on account from suppliers. 3. Sold merchandise on account to customers for $11,478; the merchandise cost X Company $8,035. 4. Paid $3,080 to suppliers for merchandise that X Company had previously purchased on account. 5. Collected $3,211 from customers who had previously purchased merchandise on account. 6. Bought equipment for $10,069 with a down payment of $5,454 and a $4,615 loan from the bank. 7. Paid wages of $1,103. 8. Recognized the expiration of $516 of prepaid rent.

Total assets at the beginning of the year were $10,121. What were total assets at the end of the year (ignore depreciation on the equipment and interest on the loan)?