Required Information [The following information applies to the questions displayed below) Answer the following questions. Hint: Use the accounting equation a. At the beginning of the year, Addison Company's assets are $207000 and its equity is $15s 250. During the year, assets increase $80,000 and liabilities increase $50,000. What is the equity at year-end? Liabilities Assets 207.000 80,000 Equity 155,250 + Beginning Change Ending 5 50,000 +