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Tremonti, Inc., is obligated to pay its creditors $8,800 during the year. a. What is the value of the shareholders equity if assets equal $10,100?

Tremonti, Inc., is obligated to pay its creditors $8,800 during the year.

a. What is the value of the shareholders equity if assets equal $10,100?

b. What is the value of the shareholders equity if assets equal $7,700? (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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