c. At the beginning of the year, Quaker Company's liabilities equal $65,000. During the year, assets increase by $60,000, and at year-end assets equal $190,000. Liabilities decrease $10,000 during the year. What are the beginning and ending amounts of equity? Equity Beginning Change Ending Assets = 60,000 = 190,000 = Liabilities - $ 65,000 + (10,000) + $