Exercise 1-9 Part c c. At the beginning of the year, Quaker Company's liabilities equal $67,000. During the year, assets increase by $60,000, and at year- end assets equal $190,000. Liabilities decrease $13,000 during the year. What are the beginning and ending amounts of equity? Assets Liabilities Equity Beginning Change $ 67,000+ 60,000- (13.000)+ Ending $ 190.000