NMENT RCES Brief Exercise 1-03 At the beginning of the year, Gilles Company had totales of $500,000 and total e s of $300,000. Answer the following independent Questions (a) totales increased 5150,000 during the art dec 000, what the amount of owner's equity at the end of the year Exercise 10 Owner's equity s (b) During the year, totallaties increased 5100 000 and owner's equity decreased $70,000. What is the amount of total assets at the end of the year? ELO UF Exerce 1-07 ef Exec10 ef Exerche 1.11 Totalsts (c) If total assets decreased 50,000 and owner's equity increased $120,000 during the year what is the amount of total abilities at the end of the year? e 10 1:05 1-10 Tote 3 Click if you would like to show Work for this questions OpenS W R