Complete this question by entering your answers in the tabs below. Required A Required B Required c On January 1, Lumia Company's liabilities are $79,000 and its equity is $59,000. On January 3, Lumia purchases and installs solar panel assets costing $29,000. For the panels, Lumia pays $13,500 cash and promises to pay the remaining $15,500 in six months. What is the total of Lumia's assets after the solar panel purchase? Assets Liabilities + Equity 59,000 $ 79,000 + $ Beginning Change Ending + + Required B > Required A Required B Required C On March 1, ABX Company's assets are $119,000 and its liabilities are $49,000. On March 5, ABX is fined $24,500 for failing emission standards. ABX immediately pays the fine in cash. After the fine is paid, what is the amount of equity for ABX? Equity Assets $ 119,000 Liabilities $ 49,000 + Beginning Change Ending Required A Required B Required C On August 1, Lola Company's assets are $49,000 and its liabilities are $29,000. On August 4, Lola issues a sustainability report following SASB guidelines. Investors react positively to this report. On August 5, a new investor contributes $12,500 cash and $16,500 in equipment in exchange for ownership in Lola. After the investment, what is the amount of equity for Lola? Show less A Assets Liabilities + Equity $ 49,000 = $ 29,000 + Beginning Change Ending +