Required A Required B Required C At the beginning of the year, Quaker Company's liabilities equal $48,000. During the year, assets increase by $60,000, and at year-end assets equal $190,000. Liabilities decrease $16,000 during the year. What are the beginning and ending amounts of equity? Assets Beginning $ 130,000 ( Change Ending 60,000 $ 190,000 Liabilities $ 48,000 (16,000) $ 32,000 Equity +$82,000 ( 60,000 $ 142,000