es Exercise 1-10 (Algo) Using the accounting equation LO A1 Answer the following questions. Hint. Use the accounting equation. a. At the beginning of the year, Addison Company's assets are $166,000 and its equity is $124,500. During the year, assets increase $80,000 and liabilities increase $48,000. What is the equity at year-end? b. Office Store Company has assets equal to $171,000 and liabilities equal to $142,000 at year-end. What is the equity for Office Store Company at year-end? c. At the beginning of the year, Quaker Company's liabilities equal $73,000. During the year, assets increase by $60,000, and at year- end assets equal $190,000. Liabilities decrease $7,000 during the year. What are the beginning and ending amounts of equity? Complete this question by entering your answers in the tabs below. Required A Required B Required C Office Store Company has assets equal to $171,000 and liabilities equal to $142,000 at year-end. What is the equity for Office Store Company at year-end? $ Assets Liabilities Equity 171,000 = $ 142,000+ RequiredA Required C