At the beginning of the year, Quaker Company's liabilities equal $61,000. During the year, assets increase by $60,000, and at year-end assets equal $190,000. Liabilities decrease $18,000 during the year. What are the beginning and ending amounts of equity? Il $ Beginning Change Ending Assets Liabilities 130,000 = $ 61,000 + $ 60,000 = (18,000) + 190,000 $ 43,000 + $ Equity 69,000 42,000 111,000 $ $ $