Ivanhoe Services Corporation had the following accounts and balances: $29700 $35500 Accounts payable Equipment 5300 34800 Accounts receivable Land 70500 9600 Buildings Unearned service revenue 14900 Total stockholders equity Cash If Ivanhoe paid $5400 of Accounts Payable in cash, total liabilities and stockholders' equity would be $85100 $125900 $155600 $113600 Which of the following set of characteristics describes a corporation? Easier to transfer ownership and raise funds, no personal liability. Simple to set up and maintains control with founder. Harder to raise funds and gives owner control. Shared control, tax advantages, increased skills and resources