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On January 1,2017,total assets for Liftoff Technologies were $125,000; on December 31,2017,total assets were $145,000.On January 1,2017,total liabilities were $110,000; on December 31,2017,total liabilities were $115,000.What are the amount of the change and the direction of the change in Liftoff Technologies shareholders' equity for 2017?
Colonial Frontier
The border or edge of a colony's territory, where expansion and encounters with indigenous populations often took place.
Ohio Valley
A geographical region in the United States encompassing parts of the states around the Ohio River, significant for its early colonial history and development during westward expansion.
Imperial Rivalries
Conflicts and competition for overseas territories and power among European empires from the 15th to early 20th centuries.
Precious Metals
Naturally occurring metallic elements that are rare and have high economic value, often used for currency, jewelry, and industrial purposes; examples include gold, silver, and platinum.
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