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Y 1 Property plant and equipment ( gross ) 1 . 5 0 0 , 0 0 0 Accumulated depreciation ( net ) 3 0

Y1
Property plant and equipment (gross )1.500,000
Accumulated depreciation (net)300,000
Property plant and equipment (net )1,200,000
Inventory and account receivable 90,000
Unallocated cash 242320
Total assets 1532320
Share capital 50,000
Retained earnings 272320
oWners equity 322320
long term debt 1,210000
total liability 1532320
Value of Equity
What will be the value of equity in the year Y-1?
$1,800,000
$1,736,380
$967,680
$2,945,853

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