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7. As of December 31, 2017, XYZ Co. assets of 17,100,000, liabilities of 5,800,000, share capital of 4,600,000 and retained earnings of 6,700,000. Total residual

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7. As of December 31, 2017, XYZ Co. assets of 17,100,000, liabilities of 5,800,000, share capital of 4,600,000 and retained earnings of 6,700,000. Total residual claims (equity) as of that date is * (2 points)

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