Sawaddee Enterprises Began the Year with Total Assets of $450,000

Multiple Choice

Sawaddee Enterprises began the year with total assets of $450,000 and total liabilities of $230,000.If Sawaddee total liabilities increased by $31,000 and its owners' equity decreased by $53,000 during the year, what was the amount of its total assets at the end of the year?

A) $472,000
B) $242,000
C) $198,000
D) $428,000