Exercise 1-9 Part a a. At the beginning of the year, Addison Company's assets are $214,000 and its equity is $160,500. During the year, assets increase $80,000 and liabilities increase $56,000. What is the equity at year-end? Assets Liabilities Equity Beginning $ 214,000 $ 160,500 Change 80,000 = 56,000+ Ending