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Current assets = $140,000, net fixed assets = $370,000, long-term debt = $450,000, net working capital = $45,000. If liquidated, current assets will be sold

Current assets = $140,000, net fixed assets = $370,000, long-term debt = $450,000, net working capital = $45,000. If liquidated, current assets will be sold for $120,000 and net fixed assets will be sold for $400,000. If repaid, both current liabilities and long-term debt will cost their book value. What is the market value of shareholders equity?

A.

Below $110,000

B.

Between $110,000 and $90,000

C.

Between $90,000 and $70,000

D.

Between $70,000 and $50,000

E.

Between $50,000 and $30,000

F.

Between $30,000 and $10,000

G.

Between $10,000 and $10,000

H.

Between $10,000 and $30,000

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