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Question(s) / Instruction(s):

a.    Office Mart has assets equal to $193,000 and liabilities equal to $155,000 at year-end. What is the total equity for Office Mart at year-end?
b.    At the beginning of the year, Logan Company's assets are $261,000 and its equity is $195,750. During the year, assets increase $80,000 and liabilities increase $49,000. What is the equity at the end of the year?
c.    At the beginning of the year, Keller Company's liabilities equal $71,000. During the year, assets increase by $60,000, and at year-end assets equal $190,000. Liabilities decrease $6,000 during the year. What are the beginning and ending amounts of equity?

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