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On May 31 of the current year, the assets and liabilities of Riser, Incorporated are as follows: Cash $17,300; Accounts Receivable, $7,100; Supplies, $650; Equipment,

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On May 31 of the current year, the assets and liabilities of Riser, Incorporated are as follows: Cash $17,300; Accounts Receivable, $7,100; Supplies, $650; Equipment, $11,800 : Accounts Payable, $9,100. What is the amount of equity as of May 31 of the current year? Muliple Chaice 545,950. $12.800 $17,300 $27,750 $36,860

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