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The total assets of a company are $1,600,000, and the company's owners' equity is three times as large as its total liabilities. Determine the amount

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The total assets of a company are $1,600,000, and the company's owners' equity is three times as large as its total liabilities. Determine the amount of this company's Equity? (Please do NOT put "\$" or "," in you answer. Just put the exact number. For example, if your answer is $12,345; put 12345.)

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