For the Balance Sheet shown below what is the value of the Owners Equity? Liabilities...
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For the Balance Sheet shown below what is the value of the Owners Equity? Liabilities Assets Current Liabilities Current Assets Cash Accounts Receivable Invento 270,709Accounts Payable 175,903Current Portion of Loan 33,885 336,010 369,896 54,818Total Current Liabilities 501,430 Total Current Assets Long Term Assets Property & Equipment Accumulated Depreciation 2,617,198 Long-Term Liabilities 1,293,307 1,293,307 1,663,202 438,256) Long Term Portion of Loan 2,178,941 Total Long Term Liabilities 2,680,371 Total Liabilities Total Long Term Assets Total Assets Stock Issued (100,000 shares 3,000,000 Retained Earnings Owners Equit Total Liabilities & Equity (1,982,831) 2,680,371 2,178,94:1 1,327,192 1,017,169 697,540
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