Reference no: EM132465547

At the beginning of the year, Wildhorse Company had total assets of $831,000 and total liabilities of $593,000. (Treat each item independently.)

Question (a) If total assets increased $161,000 during the year and total liabilities decreased $77,000, what is the amount of stockholders' equity at the end of the year?

• Stockholders' equity$ ( )
• enter a dollar amount

Question (b) During the year, total liabilities increased $91,000 and stockholders' equity decreased $65,000. What is the amount of total assets at the end of the year?

• Total assets$ ( )
• enter a dollar amount

Question (c) If total assets decreased $90,000 and stockholders' equity increased $117,000 during the year, what is the amount of total liabilities at the end of the year?

• Total liabilities$ ( )
• enter a dollar amount