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VWX Enterprises had total assets of $1,200,000, liabilities of $700,000, and owner's equity of $500,000 on June 30, 2023. The company decided to purchase land

ยท VWX Enterprises had total assets of $1,200,000, liabilities of $700,000, and owner's equity of $500,000 on June 30, 2023. The company decided to purchase land valued at $300,000, issued new shares worth $200,000, and paid off a long-term loan of $100,000 during the year. Calculate the new total assets, liabilities, and owner's equity after these transactions. Also, determine the percentage change in owner's equity from the beginning to the end of the year.

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