Question No. (10) (5 minutes): The December 31, 2016, balance sheet of Charles Realty reported total assets of $900,000, total liabilities of $350,000, and Equity of $550,000. The following transactions occurred during 2017: (1) The business purchased land for $250,000, paying $100,000 cash and issuing a note payable for the remaining balance. (2) The business collected cash from the accounts receivable totaling S45,000. (3) The business sold part of the land costing $50,000 for $60,000 cash. (4) The business paid off $50,000 of the note payable. Required: Compute the following at December 31, 2017: (A.) Total Assets (B.) Total Liabilities $ (C.) Total Equity $