Required information [The following information applies to the questions displayed below.) Answer the following questions. Hint:Use the accounting equation o. At the beginning of the year, Addison Company's assets are $297,000 and its equity is $222,750. During the year, assets increase $80,000 and liabilities increase $53,000. What is the equity at year-end? Liabilities Assets $ 297,000 Equity 222,750 $ Beginning Change Ending 30 000 53,000