Four years ago, Oman Copper purchased a machine at a cost of OMR 132,000. This
equipment is currently valued at OMR
44,000 on today's balance sheet but could
actually be sold for OMR 40,500. This is the
only fixed asset the firm owns. Net working
capital is OMR 42,900 and long-term debt
is OMR 82,500. What is the book value of
shareholders' equity?
Select one:
O a. OMR 4,500
b. OMR 10.000
DOLOMR 15.000
d OMR 4,400
e. OMR 900​

The following data were taken from the records of clarkson company for the fiscal year ended june 30, 2017. raw materials inventory 7/1/16 $58,100 factory insurance $4,800 raw materials inventory 6/30/17 46,600 factory machinery depreciation 17,100 finished goods inventory 7/1/16 99,700 factory utilities 29,400 finished goods inventory 6/30/17 21,900 office utilities expense 9,350 work in process inventory 7/1/16 21,200 sales revenue 560,500 work in process inventory 6/30/17 29,400 sales discounts 4,700 direct labor 147,550 plant manager’s salary 63,400 indirect labor 25,360 factory property taxes 9,910 accounts receivable 28,000 factory repairs 2,500 raw materials purchases 97,300 cash 39,200 a) prepare a cost of goods manufactured schedule (assume all raw materials used were direct materials). b) prepare an income statement through gross profit c)prepare the current assets section of the balance sheet at june 30, 2014