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1. Calculate the shareholders' equity for the following two cases: Case 1: Total Assets = $500; Total Liabilities = $300 Case 2: Total Assets =

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1. Calculate the shareholders' equity for the following two cases: Case 1: Total Assets = $500; Total Liabilities = $300 Case 2: Total Assets = $500; Total Liabilities = $600 (10 points) Show your calculation to get full points. Case 1: Case 2: 2. Bear Tracks, Inc., has current assets of $5,000, net fixed assets of $10,000, current liabilities of $4,000, COGS of $3,000 and long-term debt of $6,000. Please build the balance sheet for Bear Tracks, Inc. (20 points) Show your calculation to get full points

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