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On November 1 of the current year, the assets and liabilities of Jim Chu, Inc., are as follows: Cash, $10, 665: Accounts Receivable, $8, 900:

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On November 1 of the current year, the assets and liabilities of Jim Chu, Inc., are as follows: Cash, $10, 665: Accounts Receivable, $8, 900: Supplies, $1, 917; Land. $24, 305; Accounts Payable. $5, 806. What is the amount of stockholders' equity as of November 1 of the current year? Select the correct answer. $19, 565 $39, 081 $51, 593 $10, 665

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