Merchant Company Provides Plumbing Services

Merchant Company provides plumbing services.Transactions of Merchant during the first year of operations are given below.
A.The owner,Carol Merchant,contributed $10,000 cash to form the business.
B.Paid $1,200 cash for equipment to be used for plumbing repairs.
C.Borrowed $11,000 from a local bank and deposited the money in the checking account.
D.Paid $400 rent for the year.
E.Purchased $400 of office supplies by cash.
F.Completed a plumbing repair project for a local lawyer and received $3,300 cash.
Calculate the amount of total liabilities at the end of the first year.

A) $11,000
B) $10,000
C) $19,800
D) $3,300