On September 30, the Simpson Company Reported the Following Information

Multiple Choice

On September 30, the Simpson Company reported the following information on its financial statements. $$\begin{array} { l l } \hline \text { Total current } & \$ 650,000 \\\text { assets } & \\\text { Total long- } & \$ 1,080,000 \\\text { term assets } & \\\text { Total current } &\$684,000\\\text { liabilities }\\\text { Total long- }& \$ 803,000 \\\text { term debt }\\\hline\end{array}$$ What is the amount of the shareholders' equity in the Simpson Company?

A) $3,217,000
B) $277,000
C) $243,000
D) $927,000