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4. Calculate Owner's Equity: Assets Liabilities Bank Account Accounts Receivable Equipment $250,000 $175,000 $400,000 Accounts Payable Long Term Debt Short Term Debt Owner's Equity $45,000

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4. Calculate Owner's Equity: Assets Liabilities Bank Account Accounts Receivable Equipment $250,000 $175,000 $400,000 Accounts Payable Long Term Debt Short Term Debt Owner's Equity $45,000 $300,000 $160,000

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