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Suppose Howard Company has Furniture totaling $158,000, Cash $18,000, and a $64,000 Note Payable. In addition, the business has Accounts Payable of $52,000 and Accounts

Suppose Howard Company has Furniture totaling $158,000, Cash $18,000, and a $64,000 Note Payable. In addition, the business has Accounts Payable of $52,000 and Accounts Receivable of $43,000. Assuming those are all of the account balances, how much is owner's equity for the company?

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