Question: If assets are $ 4 0 5 , 0 0 0 and equity is $ 1 4 0 , 0 0 0 , then liabilities

If assets are $405,000 and equity is $140,000, then liabilities are:
Multiple Choice
$545,000
$265,000
$670,000.
$405,000.
$140,000
If assets are $405,000 and equity is $140,000, then liabilities are:

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