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Question 24 1 pts Origins Corporation started in business on January 1, 2020. Following are...

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Question 24 1 pts Origins Corporation started in business on January 1, 2020. Following are some of its transactions through March 31: 1/1/20 - The company borrowed $20,000 from a local bank and agreed to pay back $24,000 on January 1, 2022. 2/1/20 - Purchased insurance to cover six months for $1,800 in cash. 2/11/20 - Bought $7,000 of inventory on account. Origins will pay on April 10th. 3/06/20 - Sold $3,000 of inventory for $11,000, half in cash and half on account . 3/26/20 - Collected $2,000 of accounts receivable. 3/29/20 - Received utility bill for the first quarter of $1,400. This will be paid in April. 3/31/20 - Paid $3,200 in dividends. How much were Origins current liabilities at March 31, 2020? . . . O $8.400 O $1.400 $8.900 $7,000 None of the above 12 BV

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