Question 1 of 4 Total assets Current Attempt in Progress Given the accounting equation, answer each of the following questions. (a) The liabilities of Sunland Company are $121,000 and the owner's equity is $233,000. What is the amount of Sunland Company's total assets? Total liabilities -/2 (c) The total assets of Sunland Company are $266,000 and its liabilities are equal to one-half of its total assets. What is the amount of Sunland Company's owner's equity? Textbook and Media

Given the accounting equation, answer each of the following questions. (a) The liabilities of Sunland Company are $121,000 and the owner's equity is $233,000. What is the amount of Sunland Company's total assets? Total assets (b) The total assets of Sunland Company are $183,000 and its owner's equity is $96,000. What is the amount of its total liabilities? Total liabilities (c) The total assets of Sunland Company are $266,000 and its liabilities are equal to one-half of its total assets. What is the amount of Sunland Company's owner's equity? Owner's equity