3. A business has at the end of its accounting period, December 31, 2019, the following information are available, assets $760,000, liabilities of $240,000. What would be the equity changing from 2019 to 2020, assuming that as of December 31, 2020, assets were $960,000, liabilities were $156,000, and there were no additional investments or withdrawals. a) Equity $268,000 b) Equity $284,000 c) Equity $412,000 d) Equity $480,000 e) Only B and C is correct