pronghorn limited provides you with the following condensed sfp information assets liabilities and shareholders equity current assets $ 40,000 current and longterm liabilities $95,000 investments in geneva incfair value through net income (10,000 shares) 60,000 shareholders equity equipment (net) 240,000 common shares 10,000 shares issued $130,000 intangibles 60,000 retained earnings 175,000 305,000 total assets $400,000 total liabilities and shareholders equity $400,000 for each