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A company reports the following in its balance sheet: Total assets of $ 8 0 0 , 0 0 0 and total liabilities of $

A company reports the following in its balance sheet: Total assets of $800,000 and total liabilities of $700,000. Which of the following is true?
Multiple Choice
Total expenses equal $1,500,000.
Total stockholders' equity equals $100,000.
Total revenues equal $1,500,000.
Net income equals $100,000.
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