on Jan 1 Lumia companys liabilities are $80,000 and its Equity is $60,000. On January 3, Lumia purchases and installs solar panel assets costing $30,000. For the panels, Lumia pays $14,000 cash and Promises to pay the remaining $16,000 in 6 months. What is the total of Lumia assets after the solar panel purchased?

to see how this is solved would help me to understand how to solve it again in the near future. thank you !

Puc purcu Assets Liabilities + Equity 60,000 11 $ 80,000 + $ Beginning Change Ending + II + Required B