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Apple Inc.'s balance sheet on January 1, 2024, revealed total assets of $1 trillion and owner's equity of $600 billion. If the liabilities increased by

ยท Apple Inc.'s balance sheet on January 1, 2024, revealed total assets of $1 trillion and owner's equity of $600 billion. If the liabilities increased by $200 billion during the year and the owner's equity decreased by $100 billion, what are the total assets at the end of the year? Also, determine the percentage change in total assets from the beginning to the end of the year.

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