Question: Compute the shareholders' equity based on the following data. (Hint: First construct the balance sheet.) Report the answer without the S symbol . Cash balance

 Compute the shareholders' equity based on the following data. (Hint: First

Compute the shareholders' equity based on the following data. (Hint: First construct the balance sheet.) Report the answer without the S symbol . Cash balance Inventory Net Fixed Assets Accounts receivable Accounts payable Long-term debt $ 5,000 $ 150,000 $ 50,000 $ 17,000 $ 12,000 $ 120,000

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