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At the beginning of the year, Northern Lights Company had total assets of $930.000 and total liabilities of $280.000. During the year, total liabilities increased
At the beginning of the year, Northern Lights Company had total assets of $930.000 and total liabilities of $280.000. During the year, total liabilities increased $125,000, and owner's equity decreased $76,000. What is the amount of total assets at the end of the year? $1,055,000 O $979,000 O $930,000 O $854.000
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