Telemarketing Associates' balance sheet data at May 31, 20X2, and June 30, 20X2. follow: May 31, 20X2 Total assets $150,000 Total liabilities 109.000 June 30, 20X2 $195,000 131.000 Required Following are three assumptions about investments and withdrawals by the owner of the business during June. For each assumption, compute the amount of net income or net loss of the business during June 20X2. 1. The owner invested $5,000 in the business and made no withdrawals. 2. The owner made no additional investments in the business but withdrew $11,000 for personal use. 3. The owner invested $41,000 in the business and withdrew $6.000 for personal use.