At the beginning of 2022, Hold Steady Company had total assets of $520,000 and total liabilities of $250,000. Answer each of the following questions.

1. If total assets increased $60,000 and stockholders' equity decreased $90,000 during the year, determine the amount of total liabilities at the end of the year.

2. If total assets decreased $100,000 and total liabilities increased $55,000 during the year, determine the amount of stockholders' equity at the end of the year.