Question 2 1 pts After the semester, you decide to borrow $300 to buy a lawn mower and mow lawns all summer to make money. After 1 month, you have earned $100 mowing lawns. Using the Accounting Equation Assets = Liabilities + Equity So at this point Assets equal $300 mower plus $100 cash. Liabilities equal $300 loan because you haven't paid it back Solve for your current equity (i.e. revenues). O $300 $100 $400