Answer :
Answer:
United Airlines' total liabilities and stockholders' equity at December 31, 2016 was $40,091.
Explanation:
Total Assets $40,091
Total Liabilities 31,485
Contributed Capital 3,573
Total liabilities and stockholders' equity at December 31, 2016
Total Asset = Total Equity + Total Liabilities
$40,091 = Total Equity + Total Liabilities
Hence it is proved that Total liabilities and stockholders' equity is $40,091.
Balance of Liabilities of 31,485 and equity 3,573 does not satisfy the accounting equation as their balance is $35,058 which is not equal to total assets. Some value from equity and liabilities are missing which causes the inequality.