Based on the Accounting Equation, calculate the value of Assets, Liabilities and Capital if:

i. Capital was $70,000 and Liabilities totaled $55,000 (2 Marks).

ii. Assets totaled $120, 000 and Capital was $20,000 (2 Marks).

iii. Assets totaled $45,000 and Liabilities totaled $25,000 (2 Marks).

iv. Liabilities totaled $4,000 and Capital is equal to 20% of Total Assets. (2 marks)

v. Capital totaled $4,500 and Liabilities are equal to 25% of Total Assets. (2 marks)