rief Exercise 1-04 Use the expanded accounting equation to answer each of the following questions. (a) The abilities of Cullumber Company are $99.000. Owner's capital is $143,000; drawings are $95.000; revenues, $467,000, and expenses, $301,000. What is the amount of Cullumber Company's total assets? Total assets $ (b) The total assets of Sverra Company are $64,000. Owner's capital is $20,000, drawings are $5,000, revenues, 544,000; and expenses, $40,000. What is the amount of the company's total lities Total liabilities (c) The total assets of Birth Co are $465,000 and its liabilities are equal to two-thirds of its total assets. What is the amount of Buch Cos owner's equity? Owner's equity