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On July 1 of the current year, the assets and liabilities of John Wong, DVM, are as follows: Cash, $10,954; Accounts Receivable, $8,895; Supplies, $1,845;

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On July 1 of the current year, the assets and liabilities of John Wong, DVM, are as follows: Cash, $10,954; Accounts Receivable, $8,895; Supplies, $1,845; Land, $24,700; Accounts Payable, $5,724. What is the amount of stockholders' equity as of July 1 of the current year? $

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