Hello, I need help with questions 1 and 2, and can you please explain the way you found the answer? Thank you!

1) Use the following information as of December 31 to determine equity. (Hint: are the accounts A. Lor OE?) Cash $ 57,000 Buildings 175,000 Equipment 206,000 Liabilities 141.000 A) $57,000 B) $141,000. C) $297,000. D) $438,000 E) $579,000 2) Use the following information for Meeker Corp to determine the amount of equity to report. (Hint: are the accounts A, L or OE?) Cash Buildings Land Liabilities $ 70,000 125,000 205.000 130.000 A) $390,000 B) $140,000 C) $20,000. D) $530,000 E) $270,000