Splash Limited began business operations on 1 July 20x7. Summarised financial information for the years ending 30 June 20XB and 30 June 20x9 is provided below 30 June 20x8 138 000 30 June 20x9 2 Assets Liabilities 24 000 120 000 Owner's equity ? 2 During the year ended 30 June 20x9, contributions of 60 000 were received from equity participants and distributions of E36 000 were made to equity participants. A profit of 96 000 was earned during the year The total assets at 30 June 20x9 amounts to Select one: a 258 000 b. E306 000 234 000 d. 354000 e. 378 000