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On May 31 of the current year, the assets and liabilities of Riser, Inc. are as follows: Cash $24,500; Accounts Receivable, $7700 Supplies, $1,050; Equipment,

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On May 31 of the current year, the assets and liabilities of Riser, Inc. are as follows: Cash $24,500; Accounts Receivable, $7700 Supplies, $1,050; Equipment, $12,550; Accounts Payable, $9,800. What is the amount of stockholders' equity as of May 31 of the current year? 3:13 Multiple Choice $24,500 $55,600 $45,800 $13,250 $36,000

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