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Below is the balance sheet for Abbot Box Company, Inc.:
| Abbot Box Company, Inc. |
| Balance Sheet |
| December 31, 2017 |
| ASSETS | LIABILITIES |
| Cash | $ 8,000 | Accounts payable | | $16,000 |
| Accounts receivable | 1,000 | | | |
| Land | 14,000 | STOCKHOLDERS EQUITY |
| Building | 44,000 | Common stock | $40,000 | |
| Equipment (Net) | 13,000 | Retained earnings | 24,000 | |
| | | Total stockholders' equity | 64,000 |
| |
| | | Total liabilities and | |
| Total assets | $80,000 | | stockholders' equity | $80,000 |
If the balance in the Cash account was used to buy more equipment, then the total assets would
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