17) Michael Daigle, Attorney, began the year with total assets of $122,000, liabilities of $71,000, and owner's equity of $51,000. During the year the business earned revenue of $109,000, and paid expenses of $36,000. The owner also withdrew $68,000. How much is the business's equity at year end? a) $56,000 b) $104,000 c) $160,000 d) $124,000