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QUESTION

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.

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