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Use the expanded accounting equation to answer each of the following questions. (a) The liabilities of Oriole Company are $83,000. Owner's capital is $153.000, drawings

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Use the expanded accounting equation to answer each of the following questions. (a) The liabilities of Oriole Company are $83,000. Owner's capital is $153.000, drawings are $90,000; revenues, $437,000; and expenses, 5321,000. What is the amount of Oriole Company's total assets? Total assets (b) The total assets of Sierra Company are $66.000. Owner's capital is $26,000, drawings are $6,400: revenues. 549,000; and expenses $25,000. What is the amount of the company's total liabilities? Total liabilities $ (c) The total assets of Birch Co. are $723,000 and its liabilities are equal to two-thirds of its total assets. What is the amount of Birch Co's owner's equity? Owner's equity

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