Marigold Corp. showed the following balances at the end of its first year:
Cash $10920
Prepaid insurance 550
Accounts receivable 2730
Accounts payable 2180
Notes payable 3280
Common stock 4210
Dividends 550
Revenues 22620
Expenses 13650
What amount did Marigold Corp. show as total credits? (A) $31750 (B) $33380 (C) $32290 (D) $32840
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