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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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