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Captivating Inc. is a motivational consulting business. At the end of its accounting period, May 31,20Y2, Captivating Inc. has assets of $734,970 and liabilities of

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Captivating Inc. is a motivational consulting business. At the end of its accounting period, May 31,20Y2, Captivating Inc. has assets of $734,970 and liabilities of $232,250, Using the accounting equation and considering each case independently, determine the following amounts: a. 5tockholders' equity as of May 31, 2022. b. Stockholders' equity as of May 31,20 , , assuming that assets increased by $116,130 and liabilities increased by $69,820 during 20y3. c. Stockhoiders' equity as of May 31, 20Y3, assuming that assets decreased by $58,060 and iabilities increased by $20,580 during 20203. d. Stociholders' equity as of May 31, 20y3, assuming that assets increased by $97,020 and Habuities decreased by 536,750 during 20y3. e. Net income (or net loss) during 20r3, assuming that as of May 31,20y3, assets were 5926,060, liabilities were $150,670, and no additional common stock was issue or dividends paid. Captivating Inc. is a motivational consulting business. At the end of its accounting period, May 31,20Y2, Captivating Inc. has assets of $734,970 and liabilities of $232,250, Using the accounting equation and considering each case independently, determine the following amounts: a. 5tockholders' equity as of May 31, 2022. b. Stockholders' equity as of May 31,20 , , assuming that assets increased by $116,130 and liabilities increased by $69,820 during 20y3. c. Stockhoiders' equity as of May 31, 20Y3, assuming that assets decreased by $58,060 and iabilities increased by $20,580 during 20203. d. Stociholders' equity as of May 31, 20y3, assuming that assets increased by $97,020 and Habuities decreased by 536,750 during 20y3. e. Net income (or net loss) during 20r3, assuming that as of May 31,20y3, assets were 5926,060, liabilities were $150,670, and no additional common stock was issue or dividends paid

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