At December 31, Year 1, the accounting records of Braun Corporation contain the following items: Accounts Payable $ 11,000 Accounts Receivable $ 30,000 Land $ 230,000 Cash ? Capital Stock ? Equipment $ 110,000 Building $ 170,000 Notes Payable $ 180,000 Retained Earnings $ 150,000 If Cash at December 31, Year 1, is $16,000, total owners' equity is: