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You are reviewing the financial statements of Sound Proof and you have determined the following information. Total assets are $1,500,000, total liabilities are $900,000, current

You are reviewing the financial statements of Sound Proof and you have determined the following information. Total assets are $1,500,000, total liabilities are $900,000, current assets are $1,000,000 and current liabilities are $700,000. Based upon this information what is owners equity for Sound Proof?

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