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1. Malden Corporation has assets of $1,000,000 and liabilities of $400,000. What is its stockholder equity balance? 2. Bluff Corporation has current liabilities of $20,000,

1. Malden Corporation has assets of $1,000,000 and liabilities of $400,000. What is its stockholder equity balance?

2. Bluff Corporation has current liabilities of $20,000, stockholders equity of $50,000, and assets of $100,000. How much does Bluff have in long term liabilities?

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