You have $56,309 in assets and $19,382 in liabilities. you have $36,927 in equity.
Equity, also known as shareholders' equity (or owners' equity for privately held companies), is the amount of money that would be returned to a company's shareholders if all of its assets were liquidated and all of its debt was paid off in the event of liquidation.
In the case of an acquisition, it is the value of the company's sales less any liabilities not transferred with the sale.
Furthermore, shareholder equity can represent a company's book value.
Equity can occasionally be offered as payment-in-kind.
It also represents a company's pro-rata ownership of its shares.
Using accounting equation, we know,
assets = liability + equity
56309 = 19382 +equity
Equity = 56309 - 19382
Equity = $36,927
Hence, the answer is $36,927.
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