25 26

Eagle Company's Balance Sheet on January 1, 2020 showed the following: Total Assets = $750,000; Total Stockholders' Equity = $450,000 During 2020, total assets increased $75,000 and total liabilities increased $30,000. Calculate total stockholders' equity on December 31, 2020. O $300,000 $495.000 O $450,000 O $330,000 Which of the following statements is true concerning the integration of the financial statements? There is no particular order in which the financial statements are prepared. The income statement is prepared first. The statement of stockholders' equity is prepared last. The balance sheet is prepared first