Accounting equation

Captivating Inc. is a motivational consulting business. At the end of its accounting period, May $31,20$Y$2,$ Captivating

Inc. has assets of $$608,070$ and liabilities of $$192,150.$ Using the accounting equation and considering each case

independently, determine the following amounts:

a$.$ Stockholders' equity as of May $31,20Y2.$

$

b$.$ Stockholders' equity as of May $31,20Y3,$ assuming that assets increased by $$96,080$ and liabilities increased by

$$57,770$ during $20Y3.$

$

c$.$ Stockholders' equity as of May $31,20Y3,$ assuming that assets decreased by $$48,040$ and liabilities increased by

$$17,030$ during $20Y3.$

$

d$.$ Stockholders' equity as of May $31,20Y3,$ assuming that assets increased by $$80,270$ and liabilities decreased by

$$30,400$ during $20Y3.$

$

e$.$ Net income $($or net loss$)$ during $20$Y$3,$ assuming that as of May $31,20Y3,$ assets were $$766,170,$ liabilities were

$$124,650,$ and no additional common stock was issued or dividends paid.