· PQR Company's balance sheet on September 30, 2023, showed total assets of $800,000, liabilities of $400,000, and owner's equity of $400,000. During the year, the company sold off a piece of equipment for $50,000, issued new shares worth $100,000, and paid off a long-term loan of $80,000. Calculate the new total assets, liabilities, and owner's equity after these transactions. Also, determine the percentage change in liabilities from the beginning to the end of the year.