Required information Exercise 1-9 Using the accounting equation LO A1 [The following information applies to the questions displayed below Answer the following questions. (Hint Use theccounting equation) Exercise 1-9 Part a a. At the beginning of the year, Addison Company's assets are $80,000 and liabilities increase $43,000. What is the equity at year-end? $247000 and its equity is $185,250. During the year, assets Increas AssetsLiabilitiesE 61185.250 37 247000S Beginning Change Ending 80,000 43,000 ences