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Use the information below for the Michigan Auto Corporation (MAC) to answer the following questions. Balance Sheet Accounts of Michigan Auto Corporation (MAC) Corporation Account

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Use the information below for the Michigan Auto Corporation (MAC) to answer the following questions. Balance Sheet Accounts of Michigan Auto Corporation (MAC) Corporation Account Balance 12/31/2021 Accumulated depreciation $6,650 Accounts payable $4,000 Accounts receivable $6,000 Cash $2,550 Common stock $9,369 Inventory $10,000 Long-Term debt $17,750 Plant, property, and equipment $32,225 O A. $27,725 B. $16,625 O C. $11,090 D. $11,740 Use the information below for the Michigan Auto Corporation (MAC) to answer the following questions. Balance Sheet Accounts of Michigan Auto Corporation (MAC) Corporation Account Accumulated depreciation Accounts payable Accounts receivable Cash Common stock Inventory Long-Term debt Plant, property, and equipment Balance 12/31/2021 $6,650 $4,000 $6,000 $2,550 $9,369 $10,000 $17,750 $32,225 A. $27,725 B. $16.625 C. $11,090 D. $11,740 Use the information below for the Michigan Auto Corporation (MAC) to answer the following questions. Balance Sheet Accounts of Michigan Auto Corporation (MAC) Corporation Account Balance 12/31/2021 Accumulated depreciation $6,650 Accounts payable $4,000 Accounts receivable $6,000 Cash $2,550 Common stock $9,369 Inventory $10,000 Long-Term debt $17.750 Plant, property, and equipment $32,225 Retained earnings $7,256 Refer to the Balance Sheet Accounts of MAC Corporation. The value of equity for the year-end is + O A. $27,725 OB. $16,625 OC. $11,090 OD. $11,740 Use the information below for the Michigan Auto Corporation (MAC) to answer the following questions. Balance Sheet Accounts of Michigan Auto Corporation (MAC) Corporation Account Balance 12/31/2021 Accumulated depreciation $6,650 Accounts payable $4,000 Accounts receivable $6,000 Cash $2,550 Common stock $9,369 Inventory $10,000 Long-Term debt $17,750 Plant, property, and equipment $32,225 O A. $27,725 B. $16,625 O C. $11,090 D. $11,740 Use the information below for the Michigan Auto Corporation (MAC) to answer the following questions. Balance Sheet Accounts of Michigan Auto Corporation (MAC) Corporation Account Accumulated depreciation Accounts payable Accounts receivable Cash Common stock Inventory Long-Term debt Plant, property, and equipment Balance 12/31/2021 $6,650 $4,000 $6,000 $2,550 $9,369 $10,000 $17,750 $32,225 A. $27,725 B. $16.625 C. $11,090 D. $11,740 Use the information below for the Michigan Auto Corporation (MAC) to answer the following questions. Balance Sheet Accounts of Michigan Auto Corporation (MAC) Corporation Account Balance 12/31/2021 Accumulated depreciation $6,650 Accounts payable $4,000 Accounts receivable $6,000 Cash $2,550 Common stock $9,369 Inventory $10,000 Long-Term debt $17.750 Plant, property, and equipment $32,225 Retained earnings $7,256 Refer to the Balance Sheet Accounts of MAC Corporation. The value of equity for the year-end is + O A. $27,725 OB. $16,625 OC. $11,090 OD. $11,740

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