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Chopper Company Reported Total Stockholders' Equity of $652,500 on Its

Question 27

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Chopper Company reported total stockholders' equity of $652,500 on its Dec 31, 2018, balance sheet. The following information is available for the year ended Dec 31, 2019:
Chopper Company reported total stockholders' equity of $652,500 on its Dec 31, 2018, balance sheet. The following information is available for the year ended Dec 31, 2019:   What are the total liabilities of the company on December 31, 2019? A)  $ 969,000 B)  $ 945,000 C)  $1,824,000 D)  $ 414,000 What are the total liabilities of the company on December 31, 2019?


A) $ 969,000
B) $ 945,000
C) $1,824,000
D) $ 414,000

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