Artistic Creations, a business owned by sole trader Brian, had the following assets and liabilities as at the financial year ended 30 June 2020 and 30 June 2021 as shown. 30-Jun-21 30-Jun-20 ASSETS Cash at bank 15,000 6,000 Inventory 14,000 15,000 Prepaid insurance 5,000 2,500 Accounts receivable 7,000 6,000 Motor vehicles 20,000 20,000 Land and buildings 40,000 40,000 LIABILITIES Accounts payable 26,000 17,500 Accrued expense 5,000 8,000 Mortgage 10,000 10,000 Bank loan 35,000 37,500 Required: a. What is the equity as at the end of two financial years? b. If Brian contributes and extra $15,000 capital during the financial year ending 30 June 2021 and made no drawings, determine his profit (or loss) for the year, assuming the above balances remain the same c. If Brian has contributed an extra $20,000 and withdraw $15,000 during the year ending 30 June 2021, determine the profit (or loss) for the year, assuming the above balances remain the same