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A company had the following assets and liabilities at the beginning and end of this year. Beginning of the year End of the year Assets

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A company had the following assets and liabilities at the beginning and end of this year. Beginning of the year End of the year Assets $ 109,000 150,500 Llabilities $ 46,728 60,953 a. Owner made no investments in the business, and no withdrawals were made during the year. b. Owner made no investments in the business, but did withdraw $7.200 during the year. c. Owner made no withdrawals during the year, but the owner did invest an additional $45,000 cash. d. Owner withdrew $7.200 during the year, but the owner did invest an additional $35,000 cash near year-end. Determine net income or net loss for the business during the year for each of the above separate cases. (Decreases in equity should be indicated with a minus sign.) b. d. $ 0 $ 0 $ 0 Beginning of the year-Equity Owner investments Owner withdrawals Net income (loss) End of the year-Equity $ 0 $ 0 s 0

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