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2 Each problem has a new set of numbers, re-work the problem from the beginning. The following information relates to Flooring Company. Beginning assets 4

2 Each problem has a new set of numbers, re-work the problem from the beginning. The following information relates to Flooring Company. Beginning assets 4 points 800,000 Beginning liabilities 497,000 Beginning equity 303,000 Sales during the year 2,467,000 Expenses (including taxes) during the year 2,245,000 00:48:10 Dividends during the year 56,000 Proceeds from the issuance of stock 141,000 Ending assets 1,140,000 Using the accounting equation, what is the ending balance of liabilities? Numeric Response

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