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The Owner's Equity of Logan's Company is equal to one -half of the total assets. Liabilities equal $40,000. What is the amount of Owner's Equity?

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The Owner's Equity of Logan's Company is equal to one -half of the total assets. Liabilities equal $40,000. What is the amount of Owner's Equity? O A. $30,000 O B. $40,000 O C. $20,000 O D. None of these answers is correct

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