Alan Wood Cabinets' balance sheet data at May 31, 2024, and June 30, 2024, follow (Click the icon to view the balance sheet data.) Read the requirement Begin by identifying the accounting equation and the formula expressed by the statement of owner's equity (the "equity equation"): Accounting equation: Equity equation: Data table May 31, 2024 Total Assets $ June 30, 2024 144,000 $ Total Liabilities 122,000 244,000 100,000 Print Done - X Requirement For each of the following situations that occurred in June, 2024 with regard to owner contributions and owner withdrawals, compute the amount of net income or net loss during June 2024. a. The owner contributed $6,000 to the business and made no withdrawals. b. The owner made no contributions. The owner withdrew cash of $9,000. c. The owner made contributions of $35,000 and withdrew cash of $28,000. Print Done