At June 1, Blossom Co had total assets of

$39,800

and total liabilities of

$15,500

. Calculate each of the following amounts.\ If total assets increased

$11,800

in June and total liabilities decreased

$5,400

, what is the amount of stockholders' equity at June 30 ?\ Stockholders' equity, June 30\

$

\ 2. During the year, total liabilities decreased

$3,050

and stockholders' equity increased

$4,500

in June. What is the amount of total assets at June 30 ?\ Total assets, June

30,$

At June 1, Blossom Co had total assets of $39,800 and total liabilities of $15,500. Calculate each of the following amounts. 1. If total assets increased $11,800 in June and total liabilities decreased $5,400, what is the amount of stocknolders at June 30 ? Stockholders' equity, June 30$ 2. During the year, total liabilities decreased $3,050 and stockholders' equity increased $4,500 in June. What is the amount of total assets at June 30