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Engineering economy Q#9 CalcTech has $1.3 M in current assets and $550,000 in fixed assets less $200,000 in accumulated depreciation. The firm's current liabilities total

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CalcTech has $1.3 M in current assets and $550,000 in fixed assets less $200,000 in accumulated depreciation. The firm's current liabilities total $180,000, and the long-term liabilities $205,000. What is the firm's equity? $1, 300,000 $1, 850,000 $1, 265,000 $915,000

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