3x+y=8
y=8-3x
5x+3(8-3x)=8
5x+24-9x=8
-4x+24=8
-4x=-16
x=4
5x+3y=8
5(4)+3y=8
20+3y=8
3y=-12
Y=-4
5x+3y=8
5(4)+3(-4)=8
20+-12=8
8=8
As we know assets = liabilities + equity
In this case assets would be increased by $76,000 and the liabilities would be increased by $76,000
Did I answer your question, or did you mean something else?
the answer is in the attachment
Hope it helps
