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Microsoft Corporation's trial balance on January 1, 2023, is as follows: Cash: $10,000,000 Accounts Receivable: $15,000,000 Equipment: $50,000,000 Accumulated Depreciation: $20,000,000 Accounts Payable: $12,000,000 Notes
Microsoft Corporation's trial balance on January 1, 2023, is as follows:
- Cash: $10,000,000
- Accounts Receivable: $15,000,000
- Equipment: $50,000,000
- Accumulated Depreciation: $20,000,000
- Accounts Payable: $12,000,000
- Notes Payable: $30,000,000
- Common Stock: $40,000,000
- Retained Earnings: $33,000,000
Calculate the total assets, liabilities, and shareholders' equity for Microsoft Corporation based on the given trial balance.
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