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A sole proprietorship had the following assets and liabilities at the beginning and end of this year. Assets $ 89,500 133,500 Liabilities $ 38,369 54,068

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A sole proprietorship had the following assets and liabilities at the beginning and end of this year. Assets $ 89,500 133,500 Liabilities $ 38,369 54,068 Beginning of the year End of the year Determine the net profit eared or net loss incurred by the business during the year for each of the following separate cases (Omit the "S" sign in your response): In this question, Net loss amounts should be indicated by a minus sign. a. Owner made no investments in the business and no withdrawals were made during the year. (Click to select) b. Owner made no investments in the business but withdrew $1,050 cash per month for personal use. (Click to select) C. Owner made no withdrawals during the year but did invest an additional $45,000 cash (Click to select) A d. Owner withdrew $1,050 cash per month for personal use and invested an additional $25,000 cash (Click to select)

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