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Answer parts A, B & C independently: A Current liabilities are $19,000, long-term liabilities are $26,000, common stock is $45,000, and retained earnings totals
Answer parts A, B & C independently: A Current liabilities are $19,000, long-term liabilities are $26,000, common stock is $45,000, and retained earnings totals $71.500. REQUIRED: How much is total stockholders' equity? B A company reported total stockholders' equity of $250,000 on its Dec 31, 2020, balance sheet. The following information is available for the year ended Dec 31, 2021: Revenues 675,000 Expenses 328,000 Total Liabilities 94,000 REQUIRED: What are the total assets of the company on December 31, 2021? (assume no dividends were issued) C As of December 31, 2020, Bahama Company had assets of $800,000 and liabilities of $165,000. During 2021, the stockholders invested an additiona $30,000 and paid dividends of $15,000 from the business. REQUIRED: What is the net income for the company during 2021, assuming that as of December 31, 2021, assets were $1,050,000, and liabilities wer $210,000?
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