necmedication.com 252 I 3 H Required information The following information applies to the questions displayed below) Answer the following questions. Hint: Use the accounting equation. Part 1 of 2 1.5 points a. At the beginning of the year, Addison Company's assets are $196,000 and its equity is 547000. During the year, assets in $80,000 and liabilities increase $54,000. What is the equity at year-end? Note: Fill in all the empty cells 8 00:27:34 Liabilities Assets 196.000 = 80,000 = Equity 147.000 Print Beginning Change Ending $ 54 000