A company's balance sheet as of January 1, 20X42, is as follows:

Account	Amount
Cash	$200,000
Accounts Receivable	$220,000
Inventory	$230,000
Prepaid Expenses	$145,000
Property, Plant & Equipment	$1,550,000
Accumulated Depreciation	$280,000
Accounts Payable	$300,000
Notes Payable	$480,000
Common Stock	$620,000
Retained Earnings	$820,000

Calculate the following:

1. Total Assets
2. Total Liabilities
3. Total Equity