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Accounting Equation Inspirational to is a motivational consulting business. At the end of its accounting penod, December 11, 2017, tot 807,030 de $188,660. Using the

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Accounting Equation Inspirational to is a motivational consulting business. At the end of its accounting penod, December 11, 2017, tot 807,030 de $188,660. Using the accounting equation and considering each case independently, determine the foowing amounts a. Stockholders' equity as of December 31, 2017 Stockholders' equity as of December 31, 2018, assuming that assets Increased by 594,330 and abilities increased by $56,720 during 2018, Stockholders' equity as of December 31, 2018, assuming that assets decreased by 347,170 and abilities increased by 516,720 during 2018, d. Stockholders equity as of December 31, 2018, assuming that assets Increased by $75,810 and abilities decreased by $29,850 during 2018 e. Net Income (or net loss) during 2018, assuming that as of December 31, 2018, assets were 5752,260, liabilities were $122,390, and no additional capital stock was issued or dividends paid, 100

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