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13. Henderson Inc. reports the following in their balance sheet: fixed assets of $70,000; current assets includes: cash of $10,000. pre-paid expenses of $5,000, and

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13. Henderson Inc. reports the following in their balance sheet: fixed assets of $70,000; current assets includes: cash of $10,000. pre-paid expenses of $5,000, and inventories of $15,000; current liabilities of $ 15,000, and non-current liabilities of $25,000. What is the balance for their owner's equity? (Show all your work) Ms. Pattanaik

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