The Great Outdoors Is a Camping Supply Store Offering Its

The Great Outdoors is a camping supply store offering its customers equipment from affordable to elite. It has total assets of $350,000, current assets of $74,000, total liabilities of $280,000, accounts receivable of $12,000, and inventory valued at $23,000. Calculate the owners' equity.

A) $51,000
B) $327,000
C) $62,000
D) $70,000
E) $276,000