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On March 1 , ABX Company s assets are $ 1 1 3 , 0 0 0 and its liabilities are $ 4 3 ,

On March

1,

ABX Company

s assets are $

113, 000

and its liabilities are $

43, 000 .

On March

5,

ABX is fined $

21, 500

for failing emission standards. ABX immediately pays the fine in cash. After the fine is paid, what is the amount of equity for ABX?

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