A business had the following amounts of assets and liabilities at the beginning and end of the recent year beginning of the year assets $$102,000$ liabilities $$48000$ end of the year asset $$138,000$ liabilities $$73,000$ determine the profit earned or net loss incurred by the business during the year under each of the following unrelated assumptions a$.$ The owner made no additional investments in the business and withdrew no assets during the year b$.$ The owner made no additional investments in the business during the year but withdrew $$5,650$ per month to pay personal living expenses.