w.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator.. A Accounting Equation Be-The-One is a motivational consulting business. At the end of its accounting period, December 31, 20Y2, Be-The-One has assets of $395,000 and liabilities of $97,000. Using the accounting equation, determine the following amounts: a. Stockholders' equity as of December 31, 20Y2. 298,000 b. Stockholders' equity as of December 31, 20Y3, assuming that assets decreased by $65,000 and liabilities increased by $36,000 during 20Y3. 294,000 X Feedback Check My Work (a) By rewriting the accounting equation, Assets - Liabilities = Stockholders' Equity, you can calculate the 20Y2 Stockholders' equity. (b) Use your calculated amount of Stockholders' equity as of December 31, 20Y2. Next, add (or subtract) the change in amounts in 20Y3 to (from) the 20Y2 Stockholders' equity to obtain the 20Y3 Stockholders' Equity amount