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

	Debit		Credit
Accounts receivable	674
Building and equipment	940
Cash	57
Interest receivable	43
Inventory	27
Land	168
Notes receivable (long-term)	469
Prepaid rent	23
Supplies	10
Trademark	54
Accounts payable			686
Accumulated depreciation			69
Additional paid-in capital			472
Dividends payable			20
Common stock (at par)			13
Income tax payable			54
Notes payable (long-term)			825
Retained earnings			305
Deferred revenue			21
TOTALS	2,465		2,465

What would Symphony report as total assets?

rev: 09_26_2019_QC_CS-182332

Multiple Choice

• $2,396 millions.

• $1,552 millions.

• $2,402 millions.

• $2,471 millions.