2. Total assets of Charter Company equal $750,000 and its equity is $445,000. What is the amount of its liabilities? b. Total assets of Martin Marine equal $550,000 and its liabilities and equity amounts are equal to each other. What is the amount of its liabilities? What is the amount of its equity? Liabilities Equity 445,000 a Assets 750.000 - 550,000 5 5 $ b