cest trainers... EDEX Ltd WebEx... 0 B44 Gulixian Tu... Dashboard | UNIC... Google Translate y D Internation EXERCISE A1 (20 marks) Some of the transactions that Red Wine Cellars Co. had during the Fiscal Year 2020 are the following: (1) Dividends for the year were of 100,000. (2) Sales Revenue was 750,000. (3) Expenses amounted to 500,000. (4) Shares issued and sold for 200,000. (a) Given the above transactions, what will be the change in owners' equity be by the end of the year? Show all your calculations along with any formulae used. (5 marks) In addition to the above, we also know that the Assets of the company have increased by 900,000 during the year since the company bought new buildings and equipment. (b) How much was the change in Liabilities? Show all your calculations along with any formulae used. (5 marks) The owners' equity of the business was 500,000 at the beginning of the year, and Liabilities at the end of the year are 600,000. (c) Discuss how the Solvency of the company has changed during the year. Show all your calculations along with any formulae used, and also discuss. (10 marks) A BI