Merritt, Inc, has revealed the following items: Amounts owed by Merritt, Inc, to emplyees,$3,000 Amounts owed by Merritt, Inc, suppliers $50,000 Amounts owed by Merritt, Inc, by customrs, $75,000 Building owed by Merritt, Inc, $500,000 Cash in bank, $40,000 Raw materials owed by Merritt, Inc, $10,000 questions: A. what are Merritt's total assets B . what ar merritt's tota liabilities. C. what is merritt, inc's owner's equity amont