Accounting Equation Sid Summit is the stockholder and operator of Personality Shine LLC, a motivational consulting business. At the end of its accounting period, December 31 2012 Personality Shine has assets of $682,000 and l e s of $164,000. Using the accounting equation, determine the following amounts: Stockholders equity as of December 31, 2012 Stockholders' equity as of December 31, 2013, a mi t assets increased by $130,000 and liabilities increased by $39,000 during 2073