At the beginning of the year, Cullumber Ltd. had total assets of $921,600 and total liabilities of $537,600. Use this information to answer each of the following independent questions. During the year, Cullumber's total liabilities decreased by $128,000. The company reported net income of $115,200, sold additional shares for $160,000, and did not declare any dividends during the year. What is the amount of total assets at the end of the year? Assets