The following is the basic accounting equation. Determine the missing amounts.

		Assets		=		Liabilities		+		Owners Equity
(a)		$80,000				$59,000				$enter a dollar amount
(b)		$enter a dollar amount				$47,000				$65,000
(c)		$88,000				$enter a dollar amount				$54,000

Given the accounting equation, answer each of the following questions. (a) The liabilities of Crane Company are $113,000 and the owners equity is $233,000. What is the amount of Crane Companys total assets?

Total assets

$enter the total assets amount in dollars

(b) The total assets of Crane Company are $200,000 and its owners equity is $86,000. What is the amount of its total liabilities?

Total liabilities

$enter the total liabilities amount in dollars

(c) The total assets of Crane Company are $712,000 and its liabilities are equal to one-half of its total assets. What is the amount of Crane Companys owners equity?

Owners equity

$enter the owners equity amount in dollars