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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 696 Building and equipment 921

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

Debit Credit
Accounts receivable-trade 696
Building and equipment 921
Cash-checking 45
Interest receivable 35
Inventory 35
Land 152
Notes receivable (long-term) 463
Petty cash fund 7
Prepaid rent 22
Supplies 12
Trademark 49
Accounts payable-trade 621
Accumulated depreciation 76
Additional paid-in capital 477
Allowance for uncollectible accounts 19
Cash dividends payable 24
Common stock, at par 10
Income tax payable 48
Notes payable (long-term) 840
Retained earnings 289
Deferred revenues 33
TOTALS 2,437 2,437

What would Symphony report as total shareholders' equity?

Multiple Choice

$752 millions.

$776 millions.

$800 millions.

$1,616 millions.

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