The total assets of a company at the beginning of the year were $$400,000.$ During the year, it sold a piece of equipment for $$50,000$ and purchased new equipment worth $$80,000.$ What is the ending balance of Total Assets?

a$)$ $$430,000$

b$)$ $$450,000$

c$)$ $$430,000$

d$)$ $$530,000$

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