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Josipovich, Inc., is obligated to pay its creditors $6,700 very soon. (Do not round intermediate calculations. Leave no cells blank - be certain to enter

Josipovich, Inc., is obligated to pay its creditors $6,700 very soon. (Do not round intermediate calculations. Leave no cells blank - be certain to enter "0" wherever required.)

a.

What is the market value of the shareholders equity if assets have a market value of $8,500?

Market value ____________$

b. What is the market value of the shareholders equity if assets equal $6,100?

Market value ----------$

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