Question: Please show Solutions to applicable questions. Also write legibly if answers are written.thank you! 15. Stockholders' equity and total assets were $32,000 and $79,000 respectively

Please show Solutions to applicable questions. Also write legibly if answers are written.thank you!

15. Stockholders' equity and total assets were $32,000 and $79,000 respectively at the beginning of the period. Assets increased 50% and liabilities decreased 60% during the period. What is stockholders' equity at the end of the period? A) $99,700 B) $111,700 C) \$45,000 D) $47,000

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