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On August 31 of the current year, the assets and liabilities of Gladstone, Inc. are as follows: Cash $30,600; Supplies, $650; Equipment, $10,400; Accounts Payable,

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On August 31 of the current year, the assets and liabilities of Gladstone, Inc. are as follows: Cash $30,600; Supplies, $650; Equipment, $10,400; Accounts Payable, $9,000. What is the amount of stockholders' equity as of August 31 of the current year? Multiple Choice o O s32,000. o $31,350. o 532,650. o s10,550. 5 Prey 1 of 30 ! Next >

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