On September 30, the Simpson Company reported the following information on its financial statements:

On September 30, the Simpson Company reported the following information on its financial statements: Total current assets $650,000 Total long-term assets $1,080,000 Total current liabilities $684,000 Total long-term debt $803,000 What is the amount of the stockholder’s equity in the Simpson Company?(Points : 10) $277,000$927,00$3,217,000$243,000

On September 30, the Simpson Company reported the following information on its financialstatements:Total current assets $650,000Total long-term assets $1,080,000Total current liabilities…