a. At the beginning of the year, Addison Company's assets are $294,000 and its equity is $220,500. During the year, assets increase $80,000 and liabilities increase $60,000. What is the equity at year-end? $ Beginning Change Ending Assets 204,000 - 80,000 Liabilities $ 73,500+ 60.000 Equity $ 220,500 20,000