Answer the following separate questions [You MUST show your calculations]

1- Total assets of Charter Company equal $500,000 and its equity is $350,000. What is the amount of its liabilities?

2- At 31 December 2019. LDC company reported $120,000 of assets and $40,000 of liabilities. During 2020, they reported $35,000 net income; $45,000

investment, and $21,000 owner withdrawals. What is the amount of their equity at 31 December (a) 2019 and (b) 2020?

3- At 21 February, Pro company Balance sheet shows $30,000 assets. $15,000 liabilities, and $15,000 equity. On 22 February, the owner invested $20,000 cash

and $5,000 equipment. What is the amount of (a) assets and (b) liabilities at 22 February Balance Sheet?