Question: (Learning outcome 3) You must show your calculations and answer both A) and B) correctly to recieve full credit for this question. In 2017, Benford

(Learning outcome 3) You must show your calculations and answer both A) and B) correctly to recieve full credit for this question. In 2017, Benford Tool Co. reported total assets as $15,500. and total liabilities as $8,260. if in 2018, the company assets increase by $2,000and the equity decreases by $1,490 what will be the amount reported for liabilities in 2018

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