Vaughn Manufacturing had the following accounts and balances:
| Accounts payable |
$31300 |
|
Equipment |
$35200 |
| Accounts receivable |
4700 |
|
Land |
35600 |
| Buildings |
? |
|
Unearned service revenue |
9700 |
| Cash |
14500 |
|
Total stockholders' equity |
? |
If the balance of the Buildings account was $67500 and $4600 of Accounts Payable were paid in cash, what would be the balance of the total stockholders' equity?
$131000
$116500
$126200
$166200