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Martha's Enterprises spent $3,300 to purchase equipment 2 years ago. This equipment is currently valued at $2,357 on today's balance sheet but could actually be sold for $2,750. Net working capital is $860 and long-term debt is $1,650. Assuming this equipment is the firm's only fixed asset, what is the book value of shareholders' equity?A) $1,960B) $1,800C) $1,567D) $2,510E) $1,633
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