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Thirty percent of the total assets of Shanahan Corporation have been financed through borrowing. The total liabilities of the company are $690,000.
Thirty percent of the total assets of Shanahan Corporation have been financed through borrowing. The total liabilities of the company are $690,000. What is the amount of owners' equity?
$207,000.
$2,300,000.
$1,610,000.
$2,990,000.