Answer the following questions. Hint Use the accounting equation. a. At the beginning of the year, Addison Company's assets are $251,000 and its equity is $188,250. During the year, assets increase $80,000 and liabilities increase $46,000. What is the equity at year-end? b. Office Store Company has assets equal to $288,000 and liabilities equal to $253,000 at year-end. What is the equity for Office Store Company at year-end? c. At the beginning of the year, Quaker Company's liabilities equal $45,000. During the year, assets increase by $60,000, and at year- end assets equal $190,000. Liabilities decrease $5,000 during the year. What are the beginning and ending amounts of equity? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Required C At the beginning of the year, Quaker Company's liabilities equal $45,000. During the year, assets increase by $60,000, and at year-end assets equal $190,000. Liabilities decrease $5,000 during the year. What are the beginning and ending amounts of equity? Assets Beginning $ 130,000 - Change Ending 60,000 $ 190,000 Liabilities Equity $ 45,000 $ 85,000 (5,000) 55,000 $ 50,000 $ 240,000 < Required B Required C>