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At the end of the last year, Kathy's Catering reported total assets of $80,000, total liabilities of $25,000. The Balance Sheet shows the total amount

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At the end of the last year, Kathy's Catering reported total assets of $80,000, total liabilities of $25,000. The Balance Sheet shows the total amount of Stocks is $30,000. What is the amount of total owners' equity? 25,000 105,000 55.000 30,000

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