Investors buy shares in a brand new company called Quietus Ltd. for $8 million. On Day One of the company's operations, $2 million is spent on capital equipment and $1 million is borrowed from the Bank. The accounting equation at this point in time is ____________. Question 87 options: assets: $6 million; liabilities: $4 million; equity: $2 million assets: $9 million; liabilities: $4 million; equity: $5 million none of the listed answers are correct assets: $9 million; liabilities: $1 million; equity: 6 million assets: $6 million; liabilities: $1 million; equity: $5 million