On May 31 of the current year, the assets and liabilities of Riser, Incorporated are as follows: Cash $20,300; Accounts Recelvable, $8,000; Supplies, $1,400; Equipment, \$12,750; Accounts Payable, \$10,150. What is the amount of equity as of May 31 of the current year? Multiple Choice $52.600 $13,150 $20,300 $32,300. $42,450