Financial statement information about four different companies is as follows.

Instructions(a) Determine the missing amounts. (b) Prepare the owner??s equity statement for Donatello Company.(c) Write a memorandum explaining the sequence for preparing financial statements and the interrelationship of the owner??s equity statement to the income statement and balancesheet.

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Leonardo Company Donatello Raphael Company Michelangelo Company Company January 1,2010 Assets Liabilities $ 80,000 $90,000 (d) 40,000 (g) 80,000 49,000 $150,000 G) 90,000 48,000 (a) Owner's equity December 31, 2010 (b) 60,000 112,000 Assets Liabilities 180,000 (k) 100,000 72,000 (h) 70,000 (e) 145,000 Owner's equity Owner's equity changes in year Additional investment 40,000 8,000 (f) 410,000 385,000 (c) 15,000 10,000 12,000 15,000 Drawings 10,000 (i) 350,000 Total revenues 350,000 500,000 Total expenses 333,000 (1)