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On May 31 of the current year, the assets and liabilities of Riser, Inc. are as follows: Cash $26,500, Accounts Receivable, $7.850; Supplies $1.200; Equipment,

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On May 31 of the current year, the assets and liabilities of Riser, Inc. are as follows: Cash $26,500, Accounts Receivable, $7.850; Supplies $1.200; Equipment, $12,650; Accounts Payable, $9,950. What is the amount of stockholders' equity as of May 31 of the current year? Multiple Choice $58,150 $13,200 $26.500 $38,250 CADO

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