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On August 31 of the current year, the assets and liabilities of Gladstone, Inc. are as follows: Cash $27,900; Supplies, $900; Equipment, $8500; Accounts Payable,

On August 31 of the current year, the assets and liabilities of Gladstone, Inc. are as follows: Cash $27,900; Supplies, $900; Equipment, $8500; Accounts Payable, $7300. What is the amount of stockholders' equity as of August 31 of the current year

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