Using the accounting equation Mountain Drycleaners started 2018 with total assets of $19,000 and total liabilities of $14,000. At the end of 2018, Mountain’s total assets stood at $12,000 and total liabilities were $9,000. Requirements . Did the stockholders’ equity of Mountain Dry cleaners increase or decrease during 2018? By how much? Identify the four possible reasons that stockholders’ equity can change.

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