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At the beginning of the year, a company had Assets of $150,000 and Equity of $100,000....

At the beginning of the year, a company had Assets of $150,000 and Equity of $100,000. During the year, Assets increased $30,000 and Liabilities increased $20,000. What was Equity at the end of the year?

Select one:

a. $130,000

b. $120,000

c. $60,000

d. $100,000

e. $110,000

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