X Company, a merchandising company, had the following transactions during the year: 1. Received $8,666 from new owners. 2. Purchased $8,831 worth of merchandise on account from suppliers. 3. Sold merchandise on account to customers for $10,832; the merchandise cost X Company $6,499. 4. Paid $3,314 to suppliers for merchandise that X Company had previously purchased on account. 5. Collected $3,926 from customers who had previously purchased merchandise on account. 6. Bought equipment for $9,458 with a down payment of $5,449 and a $4,009 loan from the bank. 7. Paid wages of $1,066. 8. Recognized the expiration of $559 of prepaid rent. If total equities at the beginning of the year were $13,212, what were total equities at the end of the year? Oc: A: B: D: E: F: $14,499 $19,284 $25,648 $34,112 $45,369 $60,340