Required A Requires Required On March 1, ABX Company's assets are $100,000 and its liabilities are $30,000. On March 5, ABX is fined $15,000 for failing emission standards. ABX immediately pays the fine in cash. After the fine is paid, what is the amount of equity for ABX? Assets Liabilities Equity March 1 $ 100,000 $ 30,000 3 70,000 Change March 5 (Required A Required) Required A Required B Required On August 1, Lola Company's assets are $30,000 and its liabilities are $10,000. On August 4, Lola issues a sustainability report following SASB guidelines. Investors react positively to this report. On August 5, a new investor contributes $3,000 cash and $7,000 in equipment in exchange for ownership in Lola. After the investment, what is the amount of equity for Lola? Liabilities Equity August 1 30,000 10,000+ 20,000 Change August 5 Assets $ $ (Required B RE