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The balance sheet for renuvation llc shows assets totaling $107,000 and liabilities totaling $75,000. which of the following statements is correct?
a. owner's equity equals $182,000.
b. current assets are worth $32,000.
c. net income for the period is $32,000.
d. owner's equity equals $32,000.
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The balance sheet for renuvation llc shows assets totaling $107,000 and liabilities totaling $75,000...
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