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Question 1 1 pts Ivan Company has the following account balances: $30,000 60,000 Cash Retained Earnings Equipment Buildings Notes Payable Utilities Payable 50,000 110,000 60,000

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Question 1 1 pts Ivan Company has the following account balances: $30,000 60,000 Cash Retained Earnings Equipment Buildings Notes Payable Utilities Payable 50,000 110,000 60,000 20,000 Find total Owners' Equity. Note: Not all accounts are shown, but the accounts shown are sufficient to correctly answer the question. All asset accounts are shown, and all liability accounts are shown. $80,000 $60,000 $30,000 $190,000 CC $110,000

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