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a. At the beginning of the year, Addison Company's assets are $242,000 and its equity is $181,500. During the year, assets increase $80,000 and liabilities

a. At the beginning of the year, Addison Company's assets are $242,000 and its equity is $181,500. During the year, assets increase $80,000 and liabilities increase $50,000. What is the equity at year-end?

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