Just before Henderson Laboratories opened for business, Eugene Henderson, the owner, had the following assets and liabilities. $ 99,000 155, 00ө 21,600 30,400 22,750 Cash Laboratory equipment...

Extracted text: Just before Henderson Laboratories opened for business, Eugene Henderson, the owner, had the following assets and liabilities. $ 99,000 155, 00ө 21,600 30,400 22,750 Cash Laboratory equipment Laboratory supplies Loan payable Accounts payable Determine the totals that would appear in the firm's fundamental accounting equation (Assets = Liabilities + Owner's Equity). Assets $ 275,600 Liabilities $ 53,150 Owner's equity 222,450: