21. A venture has a $500,000 bank loan outstanding, a long-term debt obligation of $900,000 accounts payable of $200,000, and accounts receivable of $350,000. If the venture's equity value is $2,450,000, what would be the associated enterprise value?

a.3,760,000

b.5,890,000

c.3,850,000

d.1,670,000