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What is amount of stockholders equity at the end of the year

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Question - At the beginning of the year, Cullumber Company had total assets of $837,000 and total liabilities of $557,000. (Treat each item independently.)

(a) If total assets increased $187,000 during the year and total liabilities decreased $77,000, what is the amount of stockholders' equity at the end of the year?

(b) During the year, total liabilities increased $104,000 and stockholders' equity decreased $75,000. What is the amount of total assets at the end of the year?

(c) If total assets decreased $87,000 and stockholders' equity increased $111,000 during the year, what is the amount of total liabilities at the end of the year?

Reference no: EM133130178

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