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At the beginning of the year, Ivanhoe Company had total assets of $834,000 and total liabilities of $546,000. [Treat each item independently.) (a) If total
At the beginning of the year, Ivanhoe Company had total assets of $834,000 and total liabilities of $546,000. [Treat each item independently.) (a) If total assets increased $177,000 during the year and total liabilities decreased $86,000, what is the amount of stockholders' equity at the end of the year? 4 Stockholders' equity $ 551000 (b) During the year, total liabilities increased $104,000 and stockholders' equity decreased $60,000. What is the amount of total assets at the end of the year? Total assets $ 184000 (c) If total assets decreased $82,000 and stockholders' equity increased $120,000 during the year, what is the amount of total liabilities at the end of the year? Total liabilities $ 632000
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