Question 6 of 10 1/3 View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. At the beginning of the year, Blossom Plumbers had total assets of 700,000 and total liabilities of 200,000. Answer the following independent questions of the year? Equity 6.70000 (b) During the year, total liabilities increased 100.000 and equity decreased 50,000. What is the amount of total assets at the end of the year? Total assets 920,000 (c) If total assets decreased 79,000 and equity increased 79,000 during the year, what is the amount of total liabilities at the end of the year? Total liabilities e 342.000 e Textbook and Media