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Accounting equation Inspiring U is a motivational consulting business. At the end of its accounting period, December 31, 20y2, Inspiring U has assets of 5690,000

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Accounting equation Inspiring U is a motivational consulting business. At the end of its accounting period, December 31, 20y2, Inspiring U has assets of 5690,000 and lisbilites of \$375,000. Using the accounting equation, determine the following amounts: a. Stockholders' equity as of December 31, 20 2. b. Stockholders' equity as of December 31,20r, assuming that assets increased by 580,000 and lisbilities increased by $51,500 during 20r3

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