Hill Country Handyman Services has total assets for the year of $13,500 and total abilities of $8,000. Requirements 1. Use the accounting equation to solve for equity. 2. If next year's assets increased by $4,000 and equity decreased by $3,300, what would be the amount of total liabilities for Hill Country Handyman Services? Requirement 1. Use the accounting equation to solve for equity. Begin by solving for the accounting equation. Then use the formula to solve for equity. Assets Liabilities Equity The company has equity of Requirement 2. If next year's assets increased by $4,000 and equity decreased by $3,300, what would be the amount of total liabilities for Hill Country Handyman Services? The company has liabilities of