X Company, a merchandising company, had the following transactions during the year: 1. Received $8,781 from new owners. 2. Purchased $8,230 worth of merchandise on account from suppliers. 3. Sold merchandise on account to customers for $10,558; the merchandise cost X Company $8,446. 4. Paid $3,681 to suppliers for merchandise that X Company had previously purchased on account. 5. Collected $3,682 from customers who had previously purchased merchandise on account. 6. Bought equipment for $10,696 with a down payment of $5,970 and a $4,726 loan from the bank. 7. Paid wages of $1,023. 8. Recognized the expiration of $530 of prepaid rent. If total assets at the beginning of the year were $14,422, what were total assets at the end of the year? A: $16,915| OB: $21,143|| OC: $26,429| OD: $33,037|| OE: $41,296| OF: $51,620 Submit Answer Tries 0/99