08) XYZ Co 's balance sheets for 2014 and 2015 are below XYZ Co. Balance Sheets For the Years Ending December 31, 2014 and 201 Cash Accounts receivable Net fixed assets 500,000 700,000 1,600,000 400,000 2,200,000 TOTAL ASSETS Accounts payable Short-term debt Long-term debt 200,000 00,000 800,000 100,000 500,000 1,400,000 1,500,000 TOTAL LIABIL&SHAREHOLDER'S EQUITY Smags Calculate the following a) Shareholders' equity in 2014 (1 pt) b) Accounts receivable in 2015 (1 pt) c) Increase in total liabilities &shareholder's equity from 2014 to 2015 (1 pt) Page 6 of 6