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Tremonti, Inc., is obligated to pay its creditors $8,500 during the year. a. What is the value of the shareholders' equity if assets equal $9,500?

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Tremonti, Inc., is obligated to pay its creditors $8,500 during the year. a. What is the value of the shareholders' equity if assets equal $9,500? b. What is the value of the shareholders' equity if assets equal $7,100? (For all requirements, do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. Enter a "0" if necessary.)

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