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At the beginning of the fiscal year, the balance sheet showed assets of $2,475 and owners' equity of $1,216. During the year, assets increased $450
At the beginning of the fiscal year, the balance sheet showed assets of $2,475 and owners' equity of $1,216. During the year, assets increased $450 and liabilities decreased $127. Liabilities at the end of the year totaled:
Group of answer choices
A) $450
B) $1,132
C) $1,793
D) $1,386
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