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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 687 Building and equipment 926

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

Debit Credit
Accounts receivable-trade 687
Building and equipment 926
Cash-checking 50
Interest receivable 49
Inventory 24
Land 170
Notes receivable (long-term) 478
Petty cash fund 6
Prepaid rent 32
Supplies 9
Trademark 56
Accounts payable-trade 675
Accumulated depreciation 68
Additional paid-in capital 472
Allowance for uncollectible accounts 20
Cash dividends payable 26
Common stock, at par 10
Income tax payable 49
Notes payable (long-term) 828
Retained earnings 312
Deferred revenues 27
TOTALS 2,487 2,487

What would Symphony report as total shareholders' equity?

Multiple Choice

$820 millions.

$768 millions.

$1,622 millions.

$794 millions.

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