Please solve $1-4$

$(1)$ If the assets of a business are $$300,000$ and the liabilities are $$150,000,$ how much is the equity?

$(2)$ If the equity in a business is $$170,000$ and the liabilities are $$90,000,$ how much are the assets?

$(3)$ A company reported monthly revenues of $$300,000$ and monthly expenses of $$95,000.$ What is the result of operations for the month?

$(4)$ If the beginning balance of retained earnings is $$150,000,$ revenue is $$95,000,$ expenses total $$20,000,$ and the company declares and pays a $$25,000$ dividend, what is the ending balance of retained earnings?

$(1)$ If the assets of a business are $$300,000$ and the liabilities are $$150,000,$ how much is the equity?

In order to calculate the equity, we must use the accounting equation. Begin by determining the accounting equation, then solve for the equity.

$\backslash$table$[[$Assets$,-,$Liabilities,$=,$Equity$],[,-,250000,=,]]$