At the beginning of the year, Ivanhoe Ltd. had total assets of $619,200 and total liabilities of $361,200. Use this information to answer each of the following independent questions. (a) (b) Your answer is correct. If Ivanhoe's total assets increased by $215,000 during the year and total liabilities decreased by $68,800, what is the amount of shareholders' equity at the end of the year? Shareholders' equity eTextbook and Media 541800 Attempts: 1 of 3 used x Your answer is incorrect. During the year, Ivanhoe's total liabilities decreased by $86,000. The company reported net income of $77,400, sold additional shares for $107,500, and did not declare any dividends during the year. What is the amount of total assets at the end of the year? Assets $ 98900