Question: I need help with this general accounting question using standard accounting techniques. SoftTech Inc. has $2 million in current assets, $700,000 in fixed assets, and

I need help with this general accounting question using standard accounting techniques.

SoftTech Inc. has $2 million in current assets, $700,000 in fixed assets, and $300,000 in accumulated depreciation. The firm's current liabilities are $250,000, and long-term liabilities are $400,000. What is the firm's equity? A. $1,600,000 B. $1,750,000 C. $1,350,000 D. $1,250,000

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