Erin Allen owns Erin's Lawncare Service. The business has cash of $26,000 and equipment that costs $32,000. Debts of the business include accounts payable of $7,000 and a $10,000 note payable. Determine the amount of stockholders' equity Erin has in the business. Write the accounting equation for Erin's Lawncare Service Start by writing the fundamental accounting equation. Next, select the subcategories that make up accounting equation and then enter the account balances to determine the amount of stockholders' equity Erin has in the business. (Select the components of the fundamental accounting equation in proper order.) Assets Liabilities Stockholders' equity