The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash 6,703 Accounts Receivable 2,396 Prepaid Expenses 612 Equipment 13,269 Accumulated Depreciation 8,673 Accounts Payable 1,482 Notes Payable 5,965 Common Stock 1,000 Retained Earnings 1,663 Dividends 810 Fees Earned 8,351 Wages Expense 2,770 Rent Expense 837 Utilities Expense 495 Depreciation Expense 181 Miscellaneous Expense 61 Totals 28,134 28,134 Determine the total liabilities for the period.
a.$7,447
b.$3,663
c.$16,120
d.$14,307