Wally Corporation had assets of $270,000 and liabilities of $160,000 at the beginning of 2014.

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answerhappygod
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Wally Corporation had assets of $270,000 and liabilities of $160,000 at the beginning of 2014.

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Wally Corporation had assets of $270,000 and liabilities of $160,000 at the beginning of 2014. During 2014, assets increased $25,000 and liabilities increased $5,000. What was stockholders' equity on December 31, 2014?


$130,000
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