Sid Summitt 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-For-It has assets of $624,000 and liabilities of $150,000. Using the accounting equation, determine the following amounts:

a. Owner's equity as of December 31, 2018

What I think the answer is for answer a: $474,000

b. Owner's equity as of December 31, 2019, assuming that assets increased by $119,000 and liabilities increased by $36,000 during 2019.

Having trouble with answer b.

Thank you!