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Selected balance sheet amounts for Reed Corporation for 2017 follow: Current Assets: $9,450 Long Term Assets: ? Total Assets: ? Current Liabilities: $14,520 Long-term Liabilities:
Selected balance sheet amounts for Reed Corporation for 2017 follow:
Current Assets: $9,450
Long Term Assets: ?
Total Assets: ?
Current Liabilities: $14,520
Long-term Liabilities: $12,340
Total Liabilities: ?
Equity: $15,990
What is the balance sheet amount for Long-term Assets?
Question 5 options:
| $26,860 |
| $33,310 |
| $29,500 |
| $42,850 |
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