Module 2 - Part 2 - Balance Sheet and Statement of Equity - Homework 2. What is Beckman's asset balance at December 31, 2017? Beckman Jaffe December 31, 2017 Assets A $175,000 Liabilities $ 75,000 D Equity $ 50,000 $ 90,000 December 31, 2018 Assets $ 190,000 E Liabilities $ 80,000 Equity $100,000 $145,000 During 2018 Total Revenues C $480,000 Total Expenses $380,000 F Choice: $100,000 Choice: $120,000 Choice: $125,000 assets- liabilities + equity Choice: $380,000