Noell Corp. has share capital of $5,000,000, retained earnings of $3,000,000, unrealized gains on trading securities of $100,000 and unrealized losses on non-trading securities of $200,000. What is the total amount of its equity?
A) $7,800,000
B) $8,000,000
C) $7,900,000
D) $8,100,000
Correct Answer:
Verified
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