On December 1, 2019. Geneva Jordan opened her new business with the following assets and liabilities. Accounts Payable Cash Equipment $ 1,250 Prepaid Rent 4,250 Loans Payable 26,500 Supplies $ 6,300 15,800 1,400 Complete the accounting equation for the firm. Assets 38.450 - Liabilities 17,050 Owner's Equity 21.400