Accounting equation Inspiring U is a motivational consulting business. At the end of its accounting period, December 31, 20Y2, Inspiring U has assets of $847,000 and liabilities of $203,000. Using the accounting equation, determine the following amounts: a. Stockholders' equity as of December 31, 20Y2. $ b. Stockholders' equity as of December 31, 20Y3, assuming that assets increased by $161,000 and liabilities decreased by $49,000 during 20Y3.