At June 1, Wildhorse Co had total assets of $40,350 and total liabilities of $15,500. Calculate each of the following amounts. 1. If total assets increased $12,150 in June and total liabilities decreased $5,000, what is the amount of stockholders' equity at June 30? 2. During the year, total liabilities decreased $3,350 and stockholders' equity increased $4,250 in June. What is the amount of total assets at June 30? 4 Total assets, June 30 $ tA