K2 Corporation has assets of $3,600,000, common stock of $936,000, and retained earnings

of $570,000. What is the shareholders' equity?

Select one:

a.$1,506,000

b.$3,966,000

c.$3,234,000

d.$2,094,000

K2 Corporation has assets of $3,600,000, common stock of $936,000, and retained earnings

of $570,000. What are the creditors' claims on their assets?

Select one:

a.$2,094,000

b.$3,966,000

c.$3,234,000

d.$1,506,000

Kingery Corporation has current assets of $1,800,000 and current liabilities of $750,000. If Kingery pays 25% of their current liabilities in cash, what will their new total current assets be? Select one: a. $1,612,500 b. $750,000 c. $1,050,000 d. $1,800,000

These are selected account balances on December 31, 2021. Land $150,000 Buildings 1,200,000 Inventory 300,000 Equipment 675,000 Furniture 150,000 Accumulated Depreciation 450,000 What is the total amount of property, plant, and equipment that will appear on the balance sheet? Select one: a. $2,700,000 b. $1,950,000 c. $1,725,000 d. $2,250,000