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1. As of December 31, 2014, Stoneland Company has assets of 3,500 and equity of 2,000. What are the liabilities for Stoneland Company as of

1. As of December 31, 2014, Stoneland Company has assets of 3,500 and equity of 2,000. What are the liabilities for Stoneland Company as of December 31, 2014? Explain your solution

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