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Problem 2-188 [LO 2-2] On January 1 Year 3. Wayfarer Co's assets were $380,000 and its stockholders' equity was $156,000. During the year, assets Increased

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Problem 2-188 [LO 2-2] On January 1 Year 3. Wayfarer Co's assets were $380,000 and its stockholders' equity was $156,000. During the year, assets Increased $23,000 and liabilities decreased $26,000. Required: Determine the amount of stockholders' equity at December 31, Year 3. Stockholders at

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