Answer:
$101,000
Explanation:
As per the accounting equation, assets are equal to liabilities plus equity.
I.e.,
Assets = Liabilities + Equity
For Berber Company, Assets are $190,000: liabilities = $89,000
Therefore,
$190,000 = $89,000 + Equity
Equity = $190,000 -$89,000
Equity = $101,000
