The total equity of the company is $2320.

The value of each individual brothers equity in the company is as follows: Fred Cunningham: From Common Stock $72,000 Retained Earnings $1816 Total: $73816 Bill Cunningham: From Common Stock $20,000 Retained Earnings $504 Total: $20504 Fred Cunninghams value in the company is higher because he has invested more money into the stock of the company, giving him more control over the assets. He also received $680 as compensation for the companys new boat sales ($40 per boat, 17 boats) because it was his own boat that was the display model for the company. Bill Cunninghams value will be far less because he has not invested as much of his own money into the company. He also does not receive any compensation for any of the new boat sales. However, On March 30, Bill quit his previous place of employment and now works full time at Marion Boats, Inc. His impact on the business is likely to increase, thus increasing his value in the company. He is likely to put more of his own assets towards the company because of his full-time commitment.