Question: The December 3 1 , 2 0 2 4 , adjusted trial balance for Kline Enterprises was as follows: Account Title Debit Credit Accounts payable

The December 31,2024, adjusted trial balance for Kline Enterprises was as follows:
Account Title Debit Credit
Accounts payable $ 91,000
Accounts receivable $ 171,000
Accumulated depreciation 261,000
Common stock 491,000
Cash 27,000
Cost of goods sold 481,000
Depreciation expense 61,000
Equipment 702,000
Interest expense 5,000
Inventory 151,000
Note payable (due in six months)61,000
Rent expense 31,000
Retained earnings 64,000
Salaries payable 9,000
Sales revenue 773,000
Salaries expense 121,000
Totals $ 1,750,000 $ 1,750,000
Required:
Assuming no income taxes, compute Kline's 12/31/2024 total shareholders' equity.

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