At the beginning of the year, Sky Company had total assets of $2,600,000 and total liabilities of $1,050,000. Required: Answer the following questions viewing each situation as being independent of the others. a. If total assets decreased $200,000 and owner's equity increased $650,000 during the year, what is the amount of total liabilities at the end of the year? b. If total assets increased $1,000,000 during the year, and total liabilities decreased $375,000, what is the amount of owner's equity at the end of the year