1. Use the accounting equation to compute the missing financial statement amounts. Company Assets 1 $ Liabilities Equity $ 87,000 = $ 46,000 $ 31,000+ $ 82,000 $ 109,000 = $ 32,000 + 2 3 2. Use the expanded accounting equation to compute the missing financial statement amounts. Revenues Company Assets Liabilities Owner, Withdrawals $ 0 + $ $ 1 + Owner, Capital $ 32,000 $ 56,000 Expenses $ 14.000 $ 24,000 64,000 = 102,800 = 22.000 38,000 + TI + $ 36,000 2 $ $ +