Question 8 (5 points) Your firm has $1,500,000 in total liabilities and owners' equity. The firm's cash balance is $400,000, and the firm has $275,000 in accounts receivable. The firm's total current assets amount to $1,150,000. How much net plant and equipment does the firm have on its balance sheet? (Please submit your answer using correct labeling, punctuation, etc. For example, for dollar answers, you should enter $5,234,000 this way.)