Answer :-
a. Assets = Liabilities + Stockholders' equity
Stockholders' Equity = Assets - Liabilities
Stockholders' Equity = $734,000 - $176,000
Stockholders' Equity = $558,000
b. Stockholders' Equity = Assets - Liabilities
Stockholders' Equity = ($734,000 - $139,000) - ($176,000 - $42,000)
Stockholders' Equity = $595,000 - $134,000
Stockholders' Equity = $461,000
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