Question: A& B Electricity Company management has just completed an assessment of the company's assets and liabilities as on 31-12-2016 and has obtained the following information.
a) 1-The firm has total current assets worth $625,000 at book value and $519,000 at market value.
b) Its long-term assets include plant and equipment valued at market for $695,000, While their book value is $940,000.
c) The Company's total current liabilities are valued at market for $543,000, while their book value is $495,000. Both the book value and the market value of long-term debt is $350,000.
d) If the company's total assets are equal to a market value of $1,214,000 (book value of $1,565,000),
From the above information:
What are the book value and market value of its stockholders' equity?