A bakery’s balance sheet shows the following assets (in thousands): cash, $356; accounts receivable, $600; inventory, $510; property, $1206; other assets, $535. The liabilities were: loans and accounts payable, $600; other current liabilities, $225; long-term debt, $180. Find the owners’ equity.
$2,202,000
$1,005,000
$3,207,000
$4,213,000
