2 Answer the following questions. Hint. Use the accounting equation. 1.66 points eBook a. At the beginning of the year, Addison Company's assets are $226,000 and its equity is $169,500. During the year, assets increase $80,000 and liabilities increase $56,000. What is the equity at year-end? b. Office Store Company has assets equal to $241,000 and liabilities equal to $213,000 at year-end. What is the equity for Office Store Company at year-end? c. At the beginning of the year, Quaker Company's liabilities equal $58,000. During the year, assets increase by $60,000, and at year- end assets equal $190,000. Liabilities decrease $8,000 during the year. What are the beginning and ending amounts of equity? Complete this question by entering your answers in the tabs below. Hint Required A Required B Required C Print References At the beginning of the year, Addison Company's assets are $226,000 and its equity is $169,500. During the year, assets increase $80,000 and liabilities increase $56,000. What is the equity at year-end? Assets Liabilities Equity Beginning Change Ending $ 226,000 = + $ 169,500 80,000 = 56,000+ Office Store Company has assets equal to $241,000 and liabilities equal to $213,000 at year-end. What is the equity for Office Store Company at year-end? Assets Liabilities Equity $ 241,000 = $ 213,000 + < Required A Required C > At the beginning of the year, Quaker Company's liabilities equal $58,000. During the year, assets increase by $60,000, and at year-end assets equal $190,000. Liabilities decrease $8,000 during the year. What are the beginning and ending amounts of equity? Assets Liabilities Equity Beginning $ Change Ending 60,000 = 58,000+ (8,000) + $ 190,000 = < Required Required C >