Problem $2-16$ Residual Claims $[$LO$1]$

Polska, Incorporated, is obligated to pay its creditors $$7,400$ during the year.

Note: Leave no cells blank $-$ be certain to enter $"0"$ wherever required.

What is the market value of the shareholders$$ equity if assets have a market value of $$9,050?$

Note: Do not round intermediate calculations.

What is the market value of the shareholders$$ equity if assets equal $$6,800?$

Note: Do not round intermediate calculations.