Dave Ryan is the owner of Ryan's Arcade. At the end of its accounting period, December 31, Ryan's Arcade has assets of $450,000 and liabilities of $125,000. Using the accounting equation, determine the follow amounts: a. Owner's equity as of December 31 of the current year. fill in the blank 1 of 2$ b. Owner's equity as of December 31 at the end of the next year, assuming that assets increased by $65,000 and liabilities increased by $35,000 during the year