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Shannon Cook is the owner and operator of Go-For-It LLC, a motivational consulting business. At the end of its accounting period, December 31, 2018, Go-Fo

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Shannon Cook is the owner and operator of Go-For-It LLC, a motivational consulting business. At the end of its accounting period, December 31, 2018, Go-Fo It has assets of $865,000 and liabilities of $208,000. Using the accounting equation, determine the following amounts: 31, 2018 r 31, 2019, a that assets increased by $164,000 and liabilities increased by $50,000 during 2019

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