What is the total equity and equivalents balance for ABC Ltd for 2017?

The following extracts are obtained from the financial statements of ABC Ltd. for the year- ended 30 June 2017: Income Statement for the year-ended 30 June 2017 2016 2017 ($ million) ($ million) Net profit before income tax (NPBT) 234 400 NPBT includes the following expenses: Depreciation 320 280 Research and development 200 300 Interest expense 200 240 Balance Sheet as at 30 June 2017 2016 2017 ($ million) ($ million) Current Liabilities Accounts payable 885 800 Other payables and accruals Note 1 1,550 1,800 Non-current Liabilities Long-term loan 2.010 1,760 Equity Share capital, common stock 1,400 1,400 Retained profits 540 600 Total Equity 1,940 2,000 The following additional information is provided: 1. Note 1: Other payables and accruals 2016 2017 ($ million) ($ million) Accruals 1,550 1,500 Secured short-term loan 0 300 1,550 1.800 2. The benefits that flow from research and development projects are generally consumed over five years. 3. Corporate tax rate is 30%, risk free rate is 10%, cost of equity is 12%, before-tax cost of long-term loan is 14%, and before-tax cost of short-term loan is 8%