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As of December 3 1 , Year 2 , determine the total amount of assets, liabilities, and stockholders equity and present this information in the

As of December 31, Year 2, determine the total amount of assets, liabilities, and stockholders equity and present this information in the form of an accounting equation.
What is the amount of total assets, liabilities, and stockholders equity as of January 1, Year 3?

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