BE$1\mathrm{.}1($LO $3)$ Presented below is the basic accounting equation $($in thousands$).$ Determine the missing amounts.

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$$ Assets$=$ Liabilities$+$ Equity

a$.88,00050,000?$

b$.?45,00070,000$

c$.94,000?60,000$

Use basic accounting equation.

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BE$1\mathrm{.}2($LO $3)$ given the accounting equation, answer each of the following questions.

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The liabilities of Shumway Ltd$.$ are $120,000$ and the equity is $232,000.$ What is the amount of Shumway Ltd$.$s total assets?

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The total assets of Shumway Ltd$.$ are $190,000$ and its equity is $80,000.$ What is the amount of its total liabilities?

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Use basic accounting equation.