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What would Symphony report as total shareholders equity

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Question - Listed below are year-end account balances ($ in millions) taken from the records of Symphony Stores.

Debit Credit

Accounts receivable 663

Building and equipment 930

Cash 44

Interest receivable 34

Inventory 23

Land 168

Notes receivable (long-term) 459

Prepaid rent 26

Supplies 11

Trademark 53

Accounts payable 657

Accumulated depreciation 68

Additional paid-in capital 473

Dividends payable 23

Common stock (at par) 14

Income tax payable 50

Notes payable (long-term) 805

Retained earnings 297

Deferred revenue 24

TOTALS 2,411 2,411

Required - What would Symphony report as total shareholders' equity?

Reference no: EM132871760

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