Your answer is incorrect. During the year, Wildhorse's total liabilities decreased by $122,000. The company reported net income of $109,800, sold additional shares for $152,500, and did not declare any dividends during the year. What is the amount of total assets at the end of the year? Assets Question 2 of 5 1/3 E View Policies Show Attempt History Current Attempt in Progress At the beginning of the year, Wildhorse Ltd. had total assets of $878,400 and total liabilities of $512,400. Use this information to answer each of the following independent questions. (a) Your answer is correct. If Wildhorse's total assets increased by $305.000 during the year and total liabilities decreased by $97,600, what is the amount of shareholders' equity at the end of the year? Shareholders' equity $ 768600 eTextbook and Media Attempts: 1 of 15 used