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The Addison Corporation has total assets of $2,685,000

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Q11. The Addison Corporation has total assets of $2,685,000. It issued 4 million shares of common stock which sold at par value of 20 cents per share. Its Retained Earnings are $958,000. What are its liabilities?
a)$927,000b)$1,758,000c)$1,885,000d)$2,685,000The correct answer is ?

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