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Question 17 Not yet answered Marked out of 1.00 P Flag question From the following list of assets and liabilities at 1 January 2021, determine the Equity of R. Punch a sole trader. Unventory $90,000 Premises $400,000 Equipment $40,000 Accounts payable $30,000 Accounts receivable $60,000 Expenses prepaid $12,000 Revenue owing $7,000 Select one: O a $565,000 b. $579,000 C $685.000 d. $730,000