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28)ABC Industries spent $386,000 to purchase equipment three years ago. This equipment is currently valued at $276,000 on today's statement of financial position but could
28)ABC Industries spent $386,000 to purchase equipment three years ago. This equipment is currently valued at $276,000 on today's statement of financial position but could be sold for $298,000. Net working capital is $66,000 and long-term debt is $171,000. What is the book value of shareholders' equity?
Select one:
a. $161,000
b. $49,000
c. $171,000
d. $183,000
e. $105,000
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