Question: Compute the shareholders' equity based on the following data. [Hint: First construct the balance sheet.] Report the answer without the $ symbol Cash balance

Compute the shareholders' equity based on the following data. [Hint: First construct the balance sheet.] Report the answer without the $ 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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