A Company Had Total Equity of $89,000 on January 1

A company had total equity of $89,000 on January 1, 2011. The following information is available for the year ended December 31, 2011: What are the total assets of the company at December 31, 2011?
$\begin{array}{|l|r|}\hline 2011 \text { Revenues } & \$ 350,000 \\\hline 2011 \text { Expenses } & 403,000 \\\hline \text { Liabilities, at December } 31,2011 & 27,000 \\\hline\end{array}$
What are the total assets of the company at December 31, 2011?

A) $27,000
B) $36,000
C) $53,000
D) $63,000
E) $350,000