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Suppose Hunt Equipment has receivables of $65,000, furniture totalling $205,000 and cash of $52,000. The business has a $109,000 bill payable and owes $81,000 on

Suppose Hunt Equipment has receivables of $65,000, furniture totalling $205,000 and cash of $52,000. The business has a $109,000 bill payable and owes $81,000 on account. How much is Hunts owners equity

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