and long term liabilities of $1,600. If fixed assets are $2,300 then current liabilities must be $275 $525 $375 $450 $300 Industrial Incorporated has shareholders equity of $2,000, current assets of $1,675, and long term liabilities of $1,600. If fixed assets are $2,300 then current liabilities must be $275 $525 $375 $450 $300