Exercise 1-10 (Algo) Using the accounting equation LO A1 Answer the following questions. HintUse the accounting equation a. At the beginning of the year, Addison Company's assets are $217,000 and its equity is $162.750. During the year, assets increase b. Office Store Company has assets equal to $197.000 and liabilities equal to $157,000 at year-end. What is the equity for Office Store Company at year-end? C. At the beginning of the year, Quaker Company's liabilities equal $79.000. During the year, assets increase by $60,000, and at year end assets equal $190,000. Liabilities decrease $12,000 during the year . What are the beginning and ending amounts of equity? Complete this question by entering your answers in the tabs below. Required A Required B Required At the beginning of the year, Quaker Company's liabilities equal $79,000. During the year, assets increase by $60,000, and at year-end assets equal $190,000. Liabilities decrease $12,000 during the year. What are the beginning and ending amounts of equity? Equity Beginning Change Ending Assets $ 190.000 60.000 = $ 190.000 Liabilities $ 79.000 (12.000) -