1. Picaresque Sails Co. has total assets of $140,000 and total liabilities of $45,000. What is stockholders' equity? Stockholders' equity 1. Rent Expense 2. Equipment 3. Accounts Payable 4. Common Stock 5. Insurance Expense 6. Cash 7. Accounts Receivable 8. Dividends 9. Service Revenue 10. Notes Payable