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	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
Longminus−Term debt	$17,750
Plant, property, and equipment	$37,000
Retained earnings	$12,100

Refer to the Balance Sheet Accounts of MAC Corporation. The value of equity for the year minus−end

is ________.

A. 27,725

B. $11,090

C. $11,740

D. $16,625