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A firm has common stock of $8,600; paid-in capital surplus of $11,700; total liabilities of $15,900; current assets of $21,100; and fixed assets of $11,700.

A firm has common stock of $8,600; paid-in capital surplus of $11,700; total liabilities of $15,900; current assets of $21,100; and fixed assets of $11,700. What is the amount of shareholders' equity? A. $16,900 B. $20,300 C. $33,200 D. $12,300

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