MNO Enterprises, a construction company, reports its balance sheet as of December 31, 2023. The company's assets include cash, accounts receivable, construction equipment, and real estate properties. Liabilities consist of accounts payable, accrued expenses, and long-term debt. Shareholders' equity comprises common stock and retained earnings. MNO Enterprises' balance sheet reflects its recent acquisition of new construction equipment. Requirements: a. Calculate the total assets of MNO Enterprises. b. Determine the total liabilities. c. Analyze the impact of equipment acquisition on shareholders' equity.