Question 1 Your answer is partially correct. Try again. CALCULATOR PRINTER VERSION BACK NEXT At the beginning of the year, Gonzales Company SLU had total assets of 950,200 and total liabilities of 518,260. Answer the following independent questions. (a) If total assets increased 165,070 during the year and total liabilities decreased 78,390, what is the amount of equity at the end of the year? Equity (b) During the year, total liabilities increased 112,350 and equity decreased 72,690. What is the amount of total assets at the end of the year? Total assets (c) If total assets decreased 75,670 and equity increased 84,180 during the year, what is the amount of total liabilities at the end of the year? Total liabilities 358410