Using the Basic Accounting Equation Use the basic accounting equation to answer the following:

a. Hawkins Company has total assets of \(\$ 150,000\) and total liabilities of \(\$ 110,000\). How much is the company's total stockholders' equity?

b. Paul Company has total liabilities of \(\$ 170,000\) and total stockholders' equity of \(\$ 105,000\). How much total assets does the company have?

c. If Black Company's total assets increased by \(\$ 35,000\) during the year, and its total liabilities decreased during the same year by \(\$ 20,000\), what was the change in the company's total stockholders' equity?