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A company has 245,284 of assets and $120,000 in shareholders' equity at the beginning of the year. The net income for the year was 41,853

A company has 245,284 of assets and $120,000 in shareholders' equity at the beginning of the year. The net income for the year was 41,853 and dividends declared were 9,996. The liabilities increased by 22,575 over the year. What is the ending balance of the assets?

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