Accounting Equation Ballentine Company has assets of $1,000, liabilities of $300, and owners’ equity of

$700. Using the accounting equation, answer each of the following independent questions:

a. At what amount will liabilities be stated if total assets increase by $200 and owners’ equity remains constant?

b. At what amount will owners’ equity be stated if Ballentine pays off $150 of liabilities with cash?

c. At what amount will assets be stated if total liabilities increase to $525 and owners’ equity remains constant?

d. At what amount will assets be stated if total liabilities decrease by $100 and owners’ equity increases by $250?

e. What would be the impact on the accounting equation for Ballentine if the owners withdrew $550 cash?