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Captivating Inc. is a motivational consulting business. At the end of its accounting period, May 3 1 , 2 0 Y 2 , Captivating Inc.

Captivating Inc. is a motivational consulting business. At the end of its accounting period, May 31,20Y2, Captivating Inc. has assets of $861,580 and liabilities of $272,260. Using the accounting equation and considering each case independently, determine the following amounts:
a. Stockholders' equity as of May 31,20Y2.
$
b. Stockholders' equity as of May 31,20Y3, assuming that assets increased by $136,130 and liabilities increased by $81,850 during 20Y3.
$
c. Stockholders' equity as of May 31,20Y3, assuming that assets decreased by $68,060 and liabilities increased by $24,120 during 20Y3.
$
d. Stockholders' equity as of May 31,20Y3, assuming that assets increased by $113,730 and liabilities decreased by $43,080 during 20Y3.
$
e. Net income (or net loss) during 20Y3, assuming that as of May 31,20Y3, assets were $1,085,590, liabilities were $176,620, and no additional common stock was issued or dividends paid.
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