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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?
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