The following items (in thousands) are taken from the financial statements of Huang Company for the year ending December 31, 2020:

Accounts payable 72,000

Accounts receivable 44,000

Accumulated depreciation equipment 112,000

Advertising expense 84,000

Cash 60,000

Share capital-ordinary 168,000

Dividends 56,000

Depreciation expense 48,000

Equipment 840,000

Insurance expense 12,000

Note payable, due 6/30/21 280,000

Prepaid insurance (12-month policy) 24,000

Rent expense 68,000

Retained earnings (1/1/20) 240,000

Salaries and wages expense 128,000

Service revenue 532,000

Supplies 16,000

Supplies expense 24,000

What is the balance that would be reported for equity at December 31, 2020?

		408,000
		520,000
		576,000
		632,000