Bennett Inc. has the following balances in their accounts at year end. What is their total equity? 

Accounts Payable $ 75,000 Accounts Receivable $ 35,700 Retained Earnings $ 57,000 Utilities Expense $ 12,500 Sales Revenue $ 250,000 Buildings $ 150,000 Common stock (contributed capital) $ 200,000 Cash $ 30,000 Equipment $ 84,500 Income taxes payable $ 7,500 Travel expense $ 2,200 Land $ 60,000 Rent Expense $ 150,000 Furniture $ 112,900 Salaries expense $ 55,500 Enter the amount as a whole number.

Answer rating: 100% (QA)

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