Sved Help ht: Homework Required Information Exercise 1-9 Using the accounting equation LO A1 The following information applies to the questions displayed below) Part 3 of 3 Answer the following questions. Hint: Use the accounting equation. 272 points Exercise 1-9 Part c c. At the beginning of the year, Quaker Company's liabilities equal $48,000. During the year, assets increase by $60,000, and at year end assets equal $190,000. Liabilities decrease $15,000 during the year. What are the beginning and ending amounts of equity? Assets Liabilities Beginning Change Ending 48,000 + (15,000) 60,000 - 190.000 $ References