Beginning of Year: End of Year: Assets Liabilities $29,000 $15,000 $60,000 $25,000 1) What is the equity at the beginning of the year? Beginning Equity 14000 2) What is the equity at the end of the year? Ending Equity 35000 3) If the owner contributes $9,000 and the owner withdraws $41,400, how much is net income (loss)? Net Income (Loss) 4) If net income is $2,300 and owner withdrawals are $9,200, how much did the owner contribute (owner, capital)? Owner, Capital 5) If the owner contributes $17,000 and net income is $15,300, how much did the owner withdraw (owner, withdrawals)? Owner, Withdrawals 6) If the owner contributes $41,600 and the owner withdraws $1,100, how much is net income (loss)? Net Income (Loss)