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On July 1 of the current year, the assets and liabilities of John Wong, DVM, are as follows: Cash, $10,128; Accounts Receivable, $8,303; Supplies,

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On July 1 of the current year, the assets and liabilities of John Wong, DVM, are as follows: Cash, $10,128; Accounts Receivable, $8,303; Supplies, $1,976; Land, $24,704; Accounts Payable, $5,650. What is the amount of stockholders' equity as of July 1 of the current year?

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