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How much is total liabilities

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Question - The following information is taken from the records of Jamie Inc. at May 31, 2021.

Cash $35,000

Bank Loan $25,000

Bank Overdraft $5,000

Land $90,000

Net Income $45,000

Equipment $15,000

Accounts Payable $24,000

Insurance Expense $3,500

Accounts Receivable $52,000

Miscellaneous Expense $4,000

Office Supplies Expense $6,500

Required - How much is total liabilities?

Reference no: EM133128536

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