Brief Exercise 1-3 At the beginning of the year, Concord Company had total assets of $945,000 and total liabilities of $492,000. Answer the following questions. (a) If total assets increased $148,000 during the year and total liabilities decreased $81,000, what is the amount of stockholders' equity at the end of the year? Stockholders' equity (b) During the year, total liabilities increased $112,000 and stockholders' equity decreased $86,000. What is the amount of total assets at the end of the year? Total assets (c) If total assets decreased $73,000 and stockholders' equity increased $101,000 during the year, what is the amount of total liabilities at the end of the year? Total liabilities