At the beginning of the year, Jess company had total assets of $700,000 and total liability of $500,000. Answer the following questions. a. If total assets increased by $150,000 during the year and total liabilities decreased by $80,000, what is the amount of owner's equity at the end of the year? b. During the year, total liabilities increased by $100,000 and owner's equity decreased by $70,000. What is the amount of total assets at the end of the year? c. If the total assets decrease by $90,000 and owner's equity increases by $110,000 during the year, what is the amount of total liabilities at the end of the year?