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Use the information below for the Michigan Auto Corporation (MAC) to answer the following questions. Balance Sheet Accounts of Michigan Auto Corporation (MAC) Corporation Account

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Use the information below for the Michigan Auto Corporation (MAC) to answer the following questions. Balance Sheet Accounts of Michigan Auto Corporation (MAC) Corporation Account Accumulated depreciation Accounts payable Accounts receivable Cash Common stock Inventory Long-Term debt Plant, property, and equipment Retained eaminas Balance 12/31/2017 $7,650 $6,875 $8,000 $3,750 $15,625 $11,250 $17.750 $37,000 $12.100 O A. $11,740 B. $27,725 C. $16,625 OD $11,090 Dar ALLVUILS UITV yar1 AUW Lurpura (MAL) IPUIN Account Balance 12/31/2017 Accumulated depreciation $7,650 Accounts payable $6,875 Accounts receivable $8,000 Cash $3,750 Common stock $15,625 Inventory $11,250 Long-Term debt $17,750 Plant, property, and equipment $37,000 Retained eamings $12,100 Refer to the Balance Sheet Accounts of MAC Corporation. The value of equity for the year-end is O A. $11,740 OB. $27,725 O C. $16,625 OD. $11,090 Click to select your

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