Question: Use basic accounting equation. part 2 At the beginning of the year, Ortiz Company had total assets of $ 9 0 0 , 0 0

Use basic accounting equation. part2
At the beginning of the year, Ortiz Company had total assets of $900,000 and total liabilities of $440,000. Answer the following questions.
During the year, total liabilities decreased $100,000, and stockholders equity increased $200,000. What is the amount of total assets at the end of the year?
Group of answer choices
1,100,000
1,000,000
280,000
900,000

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