Computation of assets, liablities and owners' equitys after a series of transactions

On April 30, 2014 the balance sheet of China Collectibles showed total assets fo $700,000, total liablitlies of $400,000 and owners equity of $300,000. the followign transactions occurred in May of 2014:

(1) Capital stock was issued in exchange for $165,000 cash

(2) The buisness purchased equipment ofr $360,000, paying $160,000 cash adn issuing a note payable for $200,000.

(3) The business paid $70,000 of iits accounts payable

(4) The business collected $54,000 of its accounts recievable.

Comput the follwoing as of May 31, 2014:

(A) Total Assets $____________

(b) Total Liabilaities $___________________

(c) owners equity $________________