If during the current year, abilities of Corbett's Store increased by $230,000 and owners' equity increased by $165,000, then: Multiple Choice Assets at the end of the year total $65,000. Assets increased during the year by $395,000. Assets at the end of the year total $395,000 Assets decreased during the year by $65,000, If total assets equal $347.000 and total owners' equity equal $121,000, then total liabilities must equal: Multiple Choice $468,000 $121,000 Cannot be determined from the information given. $226,000