At the beginning of the year, Fourman Company's assets were $270,000 and its owner's equity was $201,000. During the year, assets decreased by $35,000 and liabilities increased by $10,000. What was owner's equity at the end of the year?

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The Answer of At the beginning of the year, Fourman Company's assets were $270,000 and its owner's equity was $201,000. During the year, assets decreased by $35,000 and liabilities increased by $10,000. What was owner's equity at the end of the year?

At the Beginning of the Year, Fourman Company's Assets Were