c. At the beginning of the year, Quaker Company's liabilities equal $57,000. During the year, assets increase by $60,000, and at year-end assets equal $190,000. Liabilities decrease $5,000 during the year. What are the beginning and ending amounts of equity?

Assets = Liabilities + Equity

Beginning ________ = $57,000 + _________

Change 60,000 = (5,000) + _________

Ending $190,000 = ________ + _________