Question 1 of 8 View Policies Current Attempt in Progress Given the accounting equation, answer each of the following questions. -16 (a) The liabilities of Cullumber Company are $112,000 and the owner's equity is $223,000. What is the amount of Cullumber Company's total assets? Total assets $ (b) The total assets of Cullumber 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 Cullumber Company are $313,000 and its liabilities are equal to one-half of its total assets. What is the amount of Cullumber Company's owner's equity? Owner's equity $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer