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GHI Corporation's balance sheet on March 31, 2024, displayed total assets of $900,000, liabilities of $400,000, and owner's equity of $500,000. During the year, the

ยท GHI Corporation's balance sheet on March 31, 2024, displayed total assets of $900,000, liabilities of $400,000, and owner's equity of $500,000. During the year, the company sold a piece of property for $50,000, purchased new equipment worth $150,000, and paid off a short-term loan of $30,000. Calculate the new total assets, liabilities, and owner's equity after these transactions. Also, determine the percentage change in total assets from the beginning to the end of the year.

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