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I HAVE ANSWER BELOW I JUST NEED EXPLANATION ON HOW TO GET IT PLEASE Frobisher, Inc. reported the following information at the end of the

I HAVE ANSWER BELOW I JUST NEED EXPLANATION ON HOW TO GET IT PLEASE

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Frobisher, Inc. reported the following information at the end of the year: Accounts receivable $4,000, Cash $6,000, Equipment $32,000, Inventory $14,000 and Owner's equity $18,000. What are the company's total liabilities? 38,000 (with margin: 0)

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