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 $298,000 and its equity is $223,500. During the year, assets increase $80,000 and liabilities increase $43,000. What is the equity at year-end? Assets $ 298,000 = 80,000 Beginning Change Ending Llabilities s 745,000+ 43,000+ $ Equity 223,500 37,000