· On March 31, 2024, Phoenix Corporation's balance sheet showed total assets of $600,000, liabilities of $200,000, and owner's equity of $400,000. During the year, the company acquired a competitor's business for $150,000, issued new shares worth $100,000 to raise capital, and paid off a long-term loan of $50,000. Calculate the new total assets, liabilities, and owner's equity after these transactions. Additionally, determine the percentage change in owner's equity from the beginning to the end of the year.