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The following information relates t o XYZ Company: $137,0 January 1, 2023: Liabilities 00 Retained earnings 00 $232,0 December 31, 2023: Total equity 00 $285,0
The following information relates t o XYZ Company: $137,0 January 1, 2023: Liabilities 00 Retained earnings 00 $232,0 December 31, 2023: Total equity 00 $285,0 During 2023, the assets of XYZ Comp any decreased by $65,000, the liabilities increased by $14,000, and the common stock increased by $29,0 00. Calculate XYZ Company's total asset s at January 1, 2023
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