2. Norberto Barsal opens a servicing business and started a capital of P200,000. At the end of the year, the creditor's claims is P100,000 and the owner's equity is 80% of the total assets of P500,000. How much is the owner's equity at the end of the year? 3. Jonas Mascarias starts with a Repair Shop business in Davao City. At the beginning of the period his capital is P350,000 which equaled to his investment. At the end of the period, his capital balance is P450,000 which is 60% of total assets. How much represents the total claims from the outside creditors