Accounting Equation Inspirational Inc. is a motivational consulting business. At the end of its accounting period, December 31, 2017, Inspirational has assets of $674,540 and liabilities of $213,150. Using the accounting equation and considering each case independently, determine the following amounts. a. Stockholders' equity as of December 31, 2017. b. Stockholders' equity as of December 31, 2018, assuming that assets increased by $106,580 and liabilities increased by $64,080 during 2018. c. Stockholders' equity as of December 31, 2018, assuming that assets decreased by $53,290 and liabilities increased by $18,890 during 2018. d. Stockholders' equity as of December 31, 2018, assuming that assets increased by $89,040 and liabilities decreased by $33,730 during 2018. e. Net income (or net loss) during 2018, assuming that as of December 31, 2018, assets were $849,920, liabilities were $138,280, and no additional capital stock was issued or dividends paid. 00000 Net income Net loss