The balance sheets of Hutter Amalgamated are shown below. If the 12/31/2002 value of operations is $756 million, what is the 12/31/2002 value of equity?

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Balance Sheets, December 31, 2002 (Millions of Dollars) Assets Liabilities and Equity Cash $ 20.0 Accounts payable $ 19.0 Marketable securities 77.0 Notes payable 151.0 Accounts receivable 100.0 Accruals 51.0 Inventories 200.0 Total current liabilities $221.0 Total current assets $397.0 Long-term bonds 190.0 Net plant and equipment 279.0 Preferred stock $ 76.0 Common stock (par plus PIC) $100.0 Retained earnings 89.0 Common equity $189.0 Total assets $676.0 Total liabilities and equity $676.0