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At the beginning of the year, Parson Construction Ltd. had total assets of $681000 and total liabilities of $454000. If Parson Construction Ltd.'s total assets
At the beginning of the year, Parson Construction Ltd. had total assets of $681000 and total liabilities of $454000. If Parson Construction Ltd.'s total assets decreased by $50000 during the year and shareholders' equity increased by $35000, what is the total amount of liabilities at the end of the year?
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