Answer:
D. Owner's Equity equals $32,000.
Explanation:
In this, the accounting equation is used which is shown below:
Total assets = Total liabilities + stockholder equity
where,
Total assets is $107,000
And, the total liabilities is $75,000
Now put these values to the above formula
So, the value would equal to
$107,000 = $75,000 + stockholder equity
So, the stockholder equity would be
= $107,000 - $75,000
= $32,000
This accounting equation equates and balanced the balance sheet
