If the accounts of Aafaq Islamic Finance show a cash balance of $75,000, equipment $100,000, office building

Question:

If the accounts of Aafaq Islamic Finance show a cash balance of $75,000, equipment $100,000, office building $500,000, and accounts payable $150,000, what is the company owners’ equity?

a. $425,000

b. $25,000

c. $450,000

d. $525,000

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