S1-6 (similar to) Super Fast Handyman Services has total assets for the year of $16,400 and total liabilities of $8,000 Requirements 1. Use the accounting equation to solve for equity. 2. It next your assets increased by $4,000 and equity decreased by $3,850, what would be the amount of total abilities for Super Fast Handyman Services? Requirement 1. Use the accounting equation to solve for equity. Begin by solving for the accounting equation. Then use the formula to solve for equity Assets Liabilities Equity The company has equity of