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Revision Question 2 Given only the following information, what is the balance at shareholders' equity? Cash 10 000 Inventory 30 000 Equipment 200 000 Accounts

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Revision Question 2 Given only the following information, what is the balance at shareholders' equity? Cash 10 000 Inventory 30 000 Equipment 200 000 Accounts payable 50 000 Taxes payable 40 000 Loans to the company 100 000 1. $40 000 2. $50 000 3. $100 000 4. none of the above

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