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Listed below are year-end account balances ($ in millions) taken from the records of Symphony Stores. Debit Credit Accounts receivable-trade 692 Building and equipment 938

Listed below are year-end account balances ($ in millions) taken from the records of Symphony Stores.

Debit

Credit

Accounts receivable-trade

692

Building and equipment

938

Cash-checking

54

Interest receivable

47

Inventory

34

Land

162

Notes receivable (long-term)

488

Petty cash fund

9

Prepaid rent

21

Supplies

12

Trademark

56

Accounts payable-trade

715

Accumulated depreciation

76

Additional paid-in capital

476

Allowance for uncollectible accounts

15

Cash dividends payable

28

Common stock, at par

13

Income tax payable

45

Notes payable (long-term)

805

Retained earnings

315

Deferred revenues

25

TOTALS

2,513

2,513

What would Symphony report as total shareholders' equity?

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