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Brief Exercise 1-09 At the beginning of the year, Cullumber Company had total assets of $837,000 and total liabilities of $557,000. (Treat each item independently

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Brief Exercise 1-09 At the beginning of the year, Cullumber Company had total assets of $837,000 and total liabilities of $557,000. (Treat each item independently (a) If total assets increased $187,000 during the year and total liabilitles decreased $77,000, what is the amount of stockholders' equity at the end of the year? Stockholders' equity (b) During the year, total liabilities increased $104,000 and stockholders' equity decreased $75,000. What is the amount of total assets at the end of the year? Total assets (c) If total assets decreased $87,000 and stockholders' equity increased $111,000 during the year, what is the amount of total liabilities at the end of the year? Total liabilities $ 24,000 Click if you would like to Show Work for this question: Open Show Work Problem 1-04A Tamarisk Inc., a provider of consulting services, was founded on October 1, 2022. At the end of the first month of operations, the co decided to prepare an income statement, retained earnings statement, and balance sheet using the following information Accounts payable $3,900 Supplies $ 2,600 420 370 Supplies expense Interest expense 340 Equipment (net) 49,000 Depreciation expense Salaries and wages expense 3,200 Service revenue 20,480 450 Bonds payable 21,300 Salaries and wages payable Unearned service revenue 4,100 Common stock 11,000 Accounts receivable 1,300 Interest payable 200 Cash 4,200

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