Consider the following figures from the balance sheet of Calcutta Merchants Club:
Current Assets Rs. 5,100
Current Liabilities Rs. 4,300
Net Fixed Assets (NFA) Rs. 23,800
Long-Term Debt: Rs. 7,400
Shareholders' Equity Rs. 'X'
Total Assets Rs. 28,900
Total Liabilities & Shareholders' Equity Rs.28,900
What is the Book Value of Equity (Shareholders' Equity)?
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