Last month Kate recorded a credit purchase of $700 in the accounts payable column. This month she has finally paid the bill in cash Before the bill was paidher assets were $14,300 and her liabilities were $3,600. After this paymentwhat will the owner's equity be

WILL RATE

Last month Kate recorded a credit purchase of $700 in the accounts payable column. This monthshe has finaly paid the bill in cash. Before the bill was paid, her assets were $14.300 and her liabilities were $3,600. After this payment, what will the owner's equily be? $10,700 $10,000 $11.400 $11.000