Determine the following: a. The stockholders' equity of a corporation that has assets of ($ 600,000) and
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Determine the following:
a. The stockholders' equity of a corporation that has assets of \(\$ 600,000\) and liabilities of \(\$ 306,000\).
b. The assets of a corporation that has liabilities of \(\$ 250,000\), common stock of \(\$ 125,000\), and retained earnings of \(\$ 85,000\).
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