Question

Here are all accounts Tyler Co. maintains.

Tax expenses $4,750

Common stocks $48,840

SG&A expenses $2,500

COGS $7,500

Revenue $25,000

Cash $19,000

Retained earnings $7,790

Buildings $45,000

Rent payable (long-term) $2,630

Accounts receivable $23,160

Other income $1,250

Accounts payable $29,000

Inventory $1,100

How much is the total liabilities (Fill in the number only. No $ sign.)

Answer 1