OnApril1ofthecurrentyear,theassetsandliabilitiesofJimInc.areasfollows:Cash,$10000;Accountsreceivable,$8200;Supplies,$1050;Land,$25000;AccountsPayable,$6530.Whatistheamountofowner’sequityasofAprilofthecurrentyear()

['A. $ 37720\xa0', 'B. $ 44430\xa0', 'C. $21500\xa0', 'D. $50780']

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