Question: Use the basic accounting equation to answer these questions. (a) The liabilities of Kingbird, Inc. are $106,200 and the stockholders' equity is $271,400. What

Use the basic accounting equation to answer these questions. (a) The liabilities of Kingbird, Inc. are $106,200 and the stockholders' equity is $271,400. What is the amount of Kingbird, Inc.'s total assets? Total assets (b) The total assets of Marigold Corp. are $200,600 and its stockholders' equity is $94,400. What is the amount of its total liabilities? Total liabilities (c) The total assets of Salley Co. are $944,000 and its liabilities are equal to one-fourth of its total assets. What is the amount of Salley Co's stockholders' equity? Stockholders' equity $

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