Required information The following information applies to the questions displayed below.) Answer the following questions. (Hint: Use the accounting equation.) c. At the beginning of the year, Quaker Company's liabilities equal $80,000. During the year, assets increase by $60,000, and at year- end assets equal $190,000. Liabilities decrease $17,000 during the year. What are the beginning and ending amounts of equity? Equity Beginning Change Ending Assets = Liabilities is 50,000 $ 80,000 60,000 (17000) + $ 190,000 = 1 Print ferences