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Chevelle, Inc., is obligated to pay its creditors $9,100 during the year. (Enter your answer as directed, but do not round intermediate calculations.) Required: (a)

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Chevelle, Inc., is obligated to pay its creditors $9,100 during the year. (Enter your answer as directed, but do not round intermediate calculations.) Required: (a) What is the value of the shareholders' equity if assets equal $10,700? Shareholders equity $ 1600 (b) What is the value of the shareholders' equity if assets equal $8,300? Shareholders' equity $ -800 X

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