the following questions. Hint: Use the accounting equation. a. On January 1, Lumia Company's liabilities are $64,000 and its equity is $44,000. On January 3, Lumia purchases and installs solar panel assets costing $14,000. For the panels, Lumia pays $6,000 cash and promises to pay the remaining $8,000 in six months. What is the total of Lumia's assets after the solar panel purchase? b. On March 1, ABX Company's assets are $104,000 and its liabilities are $34,000. On March 5, ABX is fined $17,000 for failing emission standards. ABX immediately pays the fine in cash. After the fine is paid, what is the amount of equity for ABX ? c. On August 1, Lola Company's assets are $34,000 and