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The New Company's assets equal $124,000, and its stockholders' equity totals $48,500. What is the amount of its liabilities? $212,500 $144,000 $75,500 $88,500

The New Company's assets equal $124,000, and its stockholders' equity totals $48,500. What is the amount of its liabilities?

$212,500 $144,000 $75,500 $88,500

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