What revenue will shareholders receive

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Reference no: EM13153381

XYZ Company went out of business and was sold to pay off as much debt as possible. It showed the following information on its balance sheet. What, if any revenue will the shareholders receive?

Current assets $700,000
Fixed assets $1,500,000
Current liabilities $387,000
Long-term liabilities $945,000

(A) $868,000

(B) $313,000

(D) $-632,000

Reference no: EM13153381

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