Four years ago, Emma Express purchased a postal machine with a

cost of $$218,000.$ The equipment is currently valued at $$98,000$ on

today's balance sheet but could actually be sold for $$95,900.$ This is

the only fixed asset the firm owns. Net working capital is $$42,100$ and

long$-$term debt is $$104,400.$ What is the book value of shareholders'

equity?

$35,900$

$36,600$

$35,700$

$34,800$

$33,600$