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But 60 Presented below is selected information related to MACRAK Company at December 31, 2020. MACRAK reports financial information monthly Utilities 12.000 30.000 Machinery Expense

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But 60 Presented below is selected information related to MACRAK Company at December 31, 2020. MACRAK reports financial information monthly Utilities 12.000 30.000 Machinery Expense Accounts 6.000 24,000 Cash Payable Salaries and Service 21.000 Wages 108.000 Revenue Expense 49.500 Notes Payable 33.000 Rent Expanse Owner's Accounts 15,000 27.000 Drawings Receivable a) Determine the total assets of at December 31.) -2020 b) Determine the net income reported for December) 2020 c) Determine the owner's equity at December 31.) -2020 IB

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