Wolverine Company began the year with Total Assets of $200,000; Total Liabilities of $80,000; and Total Stockholders' Equity of $120,000. During the year the following transactions took place: 1. Owners contributed another $50,000 in cash and $100,000 in equipment in return for more stock in Wolverine. 2. Wolverine purchased $20,000 of inventory on account from Parts R Us. 3. Wolverine paid $10,000 cash to Parts R Us for inventory previously purchased on account. What are the Total Assets, Liabilities, and Stockholders' Equity at the end of the year? Assets Liabilities Stockholders' Equity. $360,000 $90,000 $270,000 $350,000 $80,000 $270,000 $260,000 $90,000 $170,000 $370,000 $100,000 $270,000