ice Assignment Gradebook Principles of Accounting 13e (ACC 171-185-27 ORION Downloadable eTextbook ent CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise 1-04 Your answer is partially correct. Try again. Use the expanded accounting equation to answer each of the following questions. (a) The liabilities of Sheridan Company are $90,000. Owner's capital is $149,000; drawings are $85,000; revenues, $491,000; and expenses, $333,000. What is the amount of Sheridan Company's total assets? Total assets 252,000 (b) The total assets of Sierra Company are $61,000. Owner's capital is $25,000; drawings are $5,800; revenues, $47,000, and expenses, $42,000. What is the amount of the company's total liabilities? 36,800 Total liabilities (c) The total assets of Birch Co. are $741,000 and its liabilities are equal to two-thirds of its total assets. What is the amount of Birch Co.'s owner's equity? 157,000 Owner's equity $ Question Attempts: 2 of 3 used SAVE FOR LATE SUBMIT ANSWER EN 14/09/2019 Da