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tin Progress Your answer is partially correct. At the beginning of the year, Cullumber Company had total assets of $837,000 and total liabilities of $557,000.
tin Progress Your answer is partially correct. At the beginning of the year, Cullumber Company had total assets of $837,000 and total liabilities of $557,000. (Treat each item independently.) (a) If total assets increased $187,000 during the year and total liabilities decreased $77,000, what is the amount of stockholders equity at the end of the year? Stockholders' equity $ 544000 (b) During the year, total liabilities increased $104,000 and stockholders' equity decreased $75,000. What is the amount of total assets at the end of the year? Total assets $ (c) If total assets decreased $87,000 and stockholders' equity increased $111,000 during the year, what is the amount of total liabilities at the end of the year? Total liabilities $
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