3 Part 3 013 Part 3 of 3 Required information [The following information applies to the questions displayed below.) 5 points Answer the following questions. (Hint: Use the accounting equation.) eBook c. At the beginning of the year, Quaker Company's liabilities equal $59,000. During the year, assets increase by $60,000, and at year-end assets equal $190,000. Liabilities decrease $18,000 during the year. What are the beginning and ending amounts of equity? Hint Print References Assets Equity Beginning Change Ending Llabilities $ 59,000 (18,000) 60,000 190.000 + +1 $ Ms Graw HIRI O 2 A w G P &