Question: Can you help me solve this general accounting problem using the correct accounting process? A firm has common stock of $6,200, paid-in surplus of $9,100,

Can you help me solve this general accounting problem using the correct accounting process?

A firm has common stock of $6,200, paid-in surplus of $9,100, total liabilities of $8,400, current assets of $5,900, and fixed assets of $21.200. What is the amount of the shareholders' equity? A) $6,900 B) $15,300 C) $18,700 D) $23,700 E) $35,500

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