BE1.4 (LO 3) Use the expanded accounting equation to answer each of the following questions.

a. The liabilities of Kumar Company are 90,000. Owner's capital is 2150,000; drawings are 40,000; revenues, 8450,000; and expenses, 8340,000. What is the amount of Kumar's total assets?

b. The total assets of Kalim Company are 357,000. Owner's capital is 835,000; drawings are 87,000; revenues, 852,000; and expenses, 835,000. What is the amount of the company's total liabilities?

c. The total assets of Siram Co. are 3660,000 and its liabilities are equal to two-thirds of its total assets.

What is the amount of Siram Co.'s owner's equity?