Given the accounting equation, answer each of the following questions.
1. The liabilities of Frank’s Smoothies are $120,000, and the stockholders’ equity is $325,000. What is the amount of Frank’s total assets?
2. The total assets of Gina Pizza are $360,000, and its stockholders’ equity is $210,000. What is the amount of its total liabilities?
3. The total assets of Ralph Salads Co. are $700,000, and its liabilities are equal to one-half its total assets. What is the amount of Ralph Salads’ stockholders’ equity?