Multiple Choice
Assets totaled $24,250 and liabilities totaled $8,500 at the beginning of the year.During the year, assets decreased by $3,500 and liabilities increased by $2,800.
-Use the information above to answer the following question.What is the amount of stockholders' equity at the end of the year?
A) $9,450.
B) $15,750.
C) $15,050.
D) $14,450.
Correct Answer:

Verified
Correct Answer:
Verified
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