Homework answers / question archive / ABC Corporation Balance Sheet-Current Year       ABC Corporation       Balance Sheet (in $Millions)       Assets   Liabilities     Current Year   Current Year Current Assets   Current Liabilities   Cash $301 Accounts Payable $219 Accounts Receivable 211 Notes Payable 301 Inventory 1,008 Total $520 Total $1,520         Long-Term Debt $1,514 Fixed Assets       Net Plant and Equip

ABC Corporation Balance Sheet-Current Year       ABC Corporation       Balance Sheet (in $Millions)       Assets   Liabilities     Current Year   Current Year Current Assets   Current Liabilities   Cash $301 Accounts Payable $219 Accounts Receivable 211 Notes Payable 301 Inventory 1,008 Total $520 Total $1,520         Long-Term Debt $1,514 Fixed Assets       Net Plant and Equip

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Use the balance sheet for ABC Corporation.

What is the total equity of the company, in millions?

a. $2,034 million.

b. $3,548 million.

c. $3,070 million.

d. $5,104 million.