The December 31, 2024, adjusted trial balance for Kline Enterprises was as follows: Account Title Accounts...

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The December 31, 2024, adjusted trial balance for Kline Enterprises was as follows: Account Title Accounts payable Accounts receivable. Accumulated depreciation Common stock Cash Cost of goods sold Depreciation expense Equipment Interest expense Inventory Note payable (due in six months) Rent expense Retained earnings Salaries payable Sales revenue Salaries expense Totals Debit Shareholders' equity $ 180,000 36,000 490,000 70,000 720,000 7,000 160,000 40,000 Credit $ 100,000 270,000 500,000 70,000 75,000 18,000 800,000 130,000 $ 1,833,000 $ 1,833,000 A Required: Assuming no income taxes, compute Kline's 12/31/2024 total shareholders' equity. The December 31, 2024, adjusted trial balance for Kline Enterprises was as follows: Account Title Accounts payable Accounts receivable. Accumulated depreciation Common stock Cash Cost of goods sold Depreciation expense Equipment Interest expense Inventory Note payable (due in six months) Rent expense Retained earnings Salaries payable Sales revenue Salaries expense Totals Debit Shareholders' equity $ 180,000 36,000 490,000 70,000 720,000 7,000 160,000 40,000 Credit $ 100,000 270,000 500,000 70,000 75,000 18,000 800,000 130,000 $ 1,833,000 $ 1,833,000 A Required: Assuming no income taxes, compute Kline's 12/31/2024 total shareholders' equity.

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