Answer:
$607,500
Explanation:
Given;
Total asset = $810,000
Total liabilities is one-fourth of its total assets
Therefore total liabilities = (1/4) × $810,000
= $202,500
Using the accounting formula
Total asset - total liabilities = stockholders’ equity
stockholders’ equity = $810,000 - $202,500
= $607,500
The stockholders’ equity of Lantz Co.’s amounts to $607,500.
