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. At the beginning of the year, Addison Companys assets are $215,000 and its equity is $161,250. During the year, assets increase $80,000 and liabilities

. At the beginning of the year, Addison Companys assets are $215,000 and its equity is $161,250. During the year, assets increase $80,000 and liabilities increase $56,000. What is the equity at the end of the year?

assets = liability + equity
begining $215,000 = + $161,250
change 80 = 56,000 +
ending = +

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