1. The balance sheet of the Wilson's Market shows current assets of $38,700. These assets could probably be sold today for $35,000 cash. The firm owes $32,600 to its short-term creditors and $52,000 to its long-term creditors. The equipment of the firm has a book value of $74,800 and a market value of $78,900. What is the book value of the stockholders' equity?

   	A.	$400
   	B.	$600
   	C.	$1,300
   	D.	$28,900