Polska, Incorporated, is obligated to pay its creditors $8,950 during the year.
a. What is the value of the shareholders' equity if assets equal $10,400?
b. What is the value of the shareholders' equity if assets equal $8,000?
Note: For all requirements, do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.
Enter a "O" if necessary.
☑ Answer is complete but not entirely correct.
a. Shareholders' equity $ 1,450
b. Shareholders' equity $ -950 X