The accountant for Franklin Company prepared the following list of account balances from the company's records for the year ended December 31, 2011:
Fees Earned $165,000 Cash $30,000
Accounts Receivable 14,000 Selling Expenses 44,000
Equipment 64,000 Capital Stock 7,000
Accounts Payable 22,000 Retained Earnings 23,000
Salaries & Wages Expense 40,000 Prepaid Rent 2,000
Dividends 5,000 Income Taxes Expense 13,000
Salaries & Wages Payable 15,000 Rent Expense 20,000

Determine the total liabilities at the end of 2011 for Franklin Company.