Question: Question 10 5 pts Using the following balance sheet, Please calculate the answer for letter C. BALANCE SHEET Assets Liabilities and Stockholders' Equity Cash. A

Question 10 5 pts Using the following balance sheet, Please calculate the answer for letter C. BALANCE SHEET Assets Liabilities and Stockholders' Equity Cash. A Accounts payable. .. $ 17,600 Accounts receivable. 6,410 Notes payable. Land. 26,000 Capital stock 50,000 Buildings... 60,000 Retained earnings. 79,040 Furniture and fixtures...... 34,000 Projection equipment.... 25,000 Total liabilities and Total assets. B stockholders' equity............... $166,640

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