The total increase or decrease for one component of the accounting equation is missing in each situation.

i Assets decreased by \(\$ 30000\); liabilities decreased by \(\$ 19500\)

ii Owner's equity decreased by \(\$ 37250\); assets decreased by \(\$ 22500\)

iii Liabilities increased by \(\$ 3000\); owner's equity decreased by \(\$ 15000\)

iv Owner's equity increased by \(\$ 54000\); assets increased by \(\$ 28950\)

Required:

Using Assets: \(\$ 135000=\) Liabilities: \(\$ 45000\) + Owner's Equity: \(\$ 90000\) as the beginning accounting equation for each of the above situations, determine:

a the total increase or decrease for the missing component of the equation, and b the amount of each component in the ending accounting equation.

Treat each situation separately.