Question 9 Morrison Hotels, Inc. has current assets of $1,250,000; net fixed assets of $6,500,000; revenues of $3,750,000; current liabilities of $450,000; net income of $650,000; and long-term debt of $2,750,000. Calculate Morrison Hotel's shareholder equity. O $5,250,000 O $4,550,000 O None of these are correct. 3.04 pts O $1,750,000

Morrison Hotels, Inc. has current assets of $1,250,000; net fixed assets of $6,500,000; revenues of $3,750,000; current liabilities of $450,000; net income of $650,000; and long-term debt of $2,750,000. Calculate Morrison Hotel's shareholder equity. $5,250,000$4,550,000 None of these are correct. $1,750,000