(Solution) - Valdez Equipment Repair Service is owned by Francisco Valdez INSTRUCTIONS Use the -(2025 Original AI-Free Solution)

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Valdez Equipment Repair Service is owned by Francisco Valdez.
INSTRUCTIONS
Use the following figures to prepare a balance sheet dated February 28, 2013. (You will need to compute the owner's equity.)

Analyze:
What is the net worth, or owner's equity, at February 28, 2013 for Valdez Equipment Repair Service?