Question: Sun - Hwa's Spa and Salon's assets total $ 1 5 0 , 0 0 0 . The total amount of debt that it owes

Sun-Hwa's Spa and Salon's assets total $150,000. The total amount of debt that it owes to others is $90,000. Which of the following is correct?
Sun-Hwa's owners' equity is $90,000.
The firm has more owners' equity than liabilities.
Sun-Hwa's owners' equity is $60,000.
The firm's liabilities are $60,000.
Sun-Hwa's liabilities are $150,000.
Sun - Hwa's Spa and Salon's assets total $ 1 5 0

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