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Carlos Danger's Service Shop started the year with total assets of $330,000, total liabilities of $240,000 and total owner's equity of $90,000. During the year,

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Carlos Danger's Service Shop started the year with total assets of $330,000, total liabilities of $240,000 and total owner's equity of $90,000. During the year, the business recorded $630,000 in revenues, $420,000 in expenses and owner drawings of $70,000. What was the balance in Owner's Equity at the end of the year? $90,000 b. $140,000 c. $230,000 d. $360,000 a

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