Yowell Company began operations on January $1,$ Year $1.$ During Year $1,$ the company engaged in the following

issued stock for $$64,000$

borrowed $$37,000$ from its bank

provided consulting services for $$63,000$ cash

paid back $$27,000$ of the bank loan

paid rent expense for $$15,000$

purchased equipment for $$24,000$ cash

paid $$4,200$ dividends to stockholders

paid employees' salaries of $$33,000$

That is Yowell's notes payable balance at the end of Year $1?$