7. Consider this example. Soriyah is an entrepreneur who has just established her own company selling imported Persian rugs. She names her business Rugs of the World and invests $325,000 in the company in exchange for all of its newly issued shares. Which of the following statements are true? Assets and equity are both recorded as $325,000 Assets are recorded as $325,000 Equity is recorded as $325,000 Liabilities are recorded as $325,000 All of the statements are true