Assets Liabilities Beginning of Year $28.000 $15.000 End of Year: $62.000 $25.000 1) What is the equity at the beginning of the year? 2) What is the equity at the end of the year? Beginning Equity Ending Equity 3) If the owner contributes 89,400 and the owner withdraws 543,400. how much is net income (loss)? Net Income (Loss) 4) If net income is $2,000 and owner withdrawals are $6,100, how much did the owner contribute (owner, capital? Owner, Capital 6) If the owner contributes 541,200 and the owner withdraws $3,700, how much is net income (loss)? 5) If the owner contributes 516,100 and net income is $19,200, how much did the owner withdraw (owner, withdrawals)? Owner Withdrawals Net Income (Loss)