The assets of Enchancia Inc. consist entirely of current assets and net plant and equipment. The firm has current assets of $0.4 million and net plant and equipment equals $3 million. It has long-term debt of $725,000, it also holds notes payable, accounts payable, and accruals. Finally, it has total common equity of $1.25 million. The firm only finances with debt and common equity, so it has no preferred stock on its balance sheet. What is the amount of (total liabilities and equity) that appears on the firm's balance sheet? $2.15 million $1.75 million $0.4 million $3.4 million $4.65 million