Question: Using the data below to find shareholder equity for Toyo Trucking (assume anything else not mentioned is zero): a. Accounts payable are $40,000 b. Short

Using the data below to find shareholder equity for Toyo Trucking (assume anything else not mentioned is zero): a. Accounts payable are $40,000 b. Short Term Note is $35,000 c. Long Term Debt is $15,000 d. Cash is $20,000 e. Equipment is $39,000 f. Inventory is $22,000 g. Accounts receivable are $18,000

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