SECTION IWO: (4 points) At January 1, the firm reported $478 in liabilities. For the year, the firm reported revenues of $583, expenses of $508, and dividends of $44. In addition, during the year, the firm issued $25 in common stock No other changes in equity occurred. Assets at year-end were $1,200 and liabilities increased during the year by $13. What were the assets at January 1