A Firm Has Total Equity of $88,700 and Total Liabilities

Multiple Choice

A firm has total equity of $88,700 and total liabilities of $20,300. Current assets are $66,300 and current liabilities are $15,200. What is the value of the net fixed assets?

A) $8,300
B) $10,600
C) $29,500
D) $35,800
E) $42,700