The December 31, 2020 balance sheet of Rev It Up Motors reported total liabilities of $625,000 and owners' equity of $775,000.

The following transactions occurred in January of 2021:

(1) The business purchased a warehouse for $300,000, paying $150,000 cash and issuing a note payable for the balance.

(2) The business collected accounts receivable totaling $90,000.

(3) The business sold land costing $100,000 for a total sale price of $110,000. The business received $60,000 cash and the balance in the form of a note to be received from the buyer in 180 days, with no interest.

(4) The business paid $150,000 of the note payable.

Compute the following at December 31, 2020:

(A.) Total assets $___________

Compute the following at January 31, 2021:

(B.) Total assets $___________

(C.) Total liabilities $___________

(D.) Owners' equity $___________