8)Tom Jones is the owner and operator of Jones Enterprise, a motivational consulting business. At the end of its accounting period, December 31, 2019, Jones Enterprise has assets of $760,000 and liabilities of 240,000. Use the accounting equation to calculate the answers in each of the following: a) Tom Jones, capital, as of December 31, 2019 b) Tom Jones, capital, as of December 31, 2020, assuming that assets increased by $120,000 and liabilities increased by $72,000 during 2020.