Brief Exercise 1-4 Your answer is incorrect. Try again. Use the accounting equation to answer each of the following questions. (a) The liabilities of Culver Company are $86,000. Common stock account is $156,000; dividends are $37,000; revenues, $448,000; and expenses, $316,000 What is the amount of Culver Company's total assets? Total assets (b) The total assets of Sheridan Company are $56,000. Common stock account is $19,500; dividends are $8,500; revenues, $51,000; and expenses, $38,500. What is the amount of the company's total liabilities? Total liabilities (c) The total assets of Dierdorf Co. are $600,000 and its liabilities are equal to two-thirds of its total assets. What is the amount of Dierdorf Co.'s stockholders' equity? Stockholders' equity Click if you would like to Show Work for this question: Open Show Work