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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 683 Building and equipment 935 Cash-checking

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

Debit Credit
Accounts receivable-trade 683
Building and equipment 935
Cash-checking 48
Interest receivable 40
Inventory 18
Land 166
Notes receivable (long-term) 465
Petty cash fund 7
Prepaid rent 26
Supplies 8
Trademark 41
Accounts payable-trade 673
Accumulated depreciation 60
Additional paid-in capital 470
Allowance for uncollectible accounts 17
Cash dividends payable 25
Common stock, at par 11
Income tax payable 58
Notes payable (long-term) 781
Retained earnings 309
Deferred revenues 33
TOTALS

2,437

2,437

What would Symphony report as total assets?

$2,377 millions.

$1,579 millions.

$2,360 millions.

$2,437 millions.

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