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At the end of the current year, the owners' equity in Barclay Bakery is $246,000. During the year, the assets of the business had increased

At the end of the current year, the owners' equity in Barclay Bakery is $246,000. During the year, the assets of the business had increased by $120,000 and the liabilities had increased by $72,000. Owners' equity at the beginning of the year must have been:

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