Following Is a List of Account Balances of Nabers Delivery

Following is a list of account balances of Nabers Delivery Services as of December 31,after the first year of operations. $$\begin{array} { | l | r | } \hline \text { Accounts Receivable } & \$ 4,000 \\\hline \text { Accounts Payable } & 7,000 \\\hline \text { Salaries Expense } & 7,000 \\\hline \text { Repairs Expense } & 700 \\\hline \text { Truck } & 12,000 \\\hline \text { Equipment } & 11,000 \\\hline \text { Notes Payable } & 8,200 \\\hline \text { Cash } & 7,300 \\\hline \text { Supplies Expense } & 1,300 \\\hline \text { Service Revenue } & 34,000 \\\hline \text { Gasoline Expense } & 3,000 \\\hline \text { Salaries Payable } & 300 \\\hline\end{array}$$ What is the amount of total liabilities at the end of the year?

A) $15,500
B) $27,500
C) $24,500
D) $15,200