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On July 1 of the current year, the assets and liabilities of Wong Industries, are as follows: Cash $115,000; Accounts Receivable, $12,300; Supplies, $3,100: Land,

On July 1 of the current year, the assets and liabilities of Wong Industries, are as follows: Cash $115,000; Accounts Receivable, $12,300; Supplies, $3,100: Land, $35,000; accounts Payable, $8,700. What is the amount stocholders' equity as of July 1 of current year

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