Assets Liabilities Beginning of Year: $29.000 $19,000 End of Year 561,000 $26,000 1) What is the equity at the beginning of the year? 2) What is the equity at the end of the year? Beginning Equity 10000 Ending Equity 35000 3) If the owner contributes 55,600 and the owner withdraws $44,600, how much is net income (loss)? 4) If net income is $3,700 and owner withdrawals are $6,700, how much did the owner contribute (owner, capital)? Net Income (Loss) 39000 Owner, Capital 3000 5) If the owner contributes $16,700 and net income is $16,000, how much did the owner withdraw (owner, withdrawals)? 6) If the owner contributes $44.800 and the owner withdraws $4,400, how much is net income (loss)? Owner, Withdrawals Net Income (Loss) 404000 32700