$($Learning Outcome $3)$ You must show your calculations and answer both A$)$ and B$)$ correctly to receive full credit for this question.

In $2017,$ Benford Tool Co$.$ reported total assets as $$15,500.$ and total liabilities as $$8,260.$

A$)$ Use the accounting equation to solve for the amount of equity in $2017.$

B$)$ If in $2018,$ the company assets increase by $$2,000$ and the equity decreases by $$1,490,$ what will be the amount reported for liabilities in $2018?$