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X Company plans to prepare annual financial statements. After the company's first year of operation, the following financial statement information is available: Balance Sheet Total

X Company plans to prepare annual financial statements. After the company's first year of operation, the following financial statement information is available:

Balance Sheet
Total assets $15,743
Total liabilities 6,353
Total Paid-In Capital 4,936
Income Statement
Total revenue $21,038

What were total expenses for the year?

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