Punten Accounting Equation Katherine Brewer is the stockholder and operator of Personality Shine LLC, a motivational consulting business. At the end of its accounting period, December 31, 2012, Personality Shine has assets of $780,000 and liabilities of $187,000. Using the accounting equation, determine the following amounts: a. Stockholders' equity as of December 31, 2012 b. Stockholders' equity as of December 31, 2073, assuming that assets decreased by $145,000 and liabilities decreased by $45,000 during 2013