Exercise 1-9 Parta a. At the beginning of the year, Addison Company's assets are $154,000 and its equity is $115,500. During the year, assets increase $80,000 and liabilities increase $43,000. What is the equity at year-end? Liabilities Assets 5 154,000 80,000 Equity 115,500 Beginning Change Ending 5 43.000