B MC Qu$.2-33($Algo$)$ Following are transactions...

Eollowing are transactions of a new company during January:

Issued $10,300$ shares of common stock for $$20,600$ cash

Purchased land for $$12,300$ by signing a note payable for the full amount

Purchased office equipment for $$1,500$ cash

Received cash of $$14,300$ for services provided to customers during the month

Purchased $$400$ of office supplies on account

Paid employees $$10,300$ for work during the current period.

What is the total amount of liabilities following these six transactions?

Multiple Choice

$$16,200$

$$12,700$

$$33,300$