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Aqua Inc, had assets and liabilities at the beginning of the year of $520812 and $341633, respectively. Aqua's net income for the year was $162617

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Aqua Inc, had assets and liabilities at the beginning of the year of $520812 and $341633, respectively. Aqua's net income for the year was $162617 and dividends were $52786. The assets increased by $48761 during the year. What are Aqua's total liabilities at the end of the year? Select one: a. $231802 b. $179016 c. $337608 d. $280563 Assets : 520812 liabilities = 341633 SE=179129 Your answer is correct. The correct answer is: $280563

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