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VWX Corporation's owner's equity is $1,000,000, and its liabilities are $400,000. Calculate the total assets of the company. Also, if the total assets increased by

· VWX Corporation's owner's equity is $1,000,000, and its liabilities are $400,000. Calculate the total assets of the company. Also, if the total assets increased by $200,000 during the year, what is the percentage change in total assets?

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