Question: **Please no excel spreadsheets, please all the numbers out.** Thanks. 12.1 Middleton Clinic had total assets of $500,000 and an equity balance of $350,000 at

**Please no excel spreadsheets, please all the numbers out.** Thanks.

12.1 Middleton Clinic had total assets of $500,000 and an equity balance of $350,000 at the end of 2015. One year later, at the end of 2016, the clinic had $575,000 in assets

and $380,000 in equity. What was the clinic's dollar growth in assets during 2016,

and how was this growth financed?

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