Question
Compute the missing amount for each of the following separate companies. (Losses and amounts to be deducted should be indicated with a minus sign.)
Compute the missing amount for each of the following separate companies. (Losses and amounts to be deducted should be indicated with a minus sign.) Answer is complete but not entirely correct. CBS ABC CNN NBC Equity, beginning of year 0 $ 0 $ 0 $ 0 Owner investments during the year 89,000 104,000 82,705 Dividends during the year 83,000 (52,000) (10,000) 198,098 (55,000) Net income (loss) for the year 85,000 36,270 (4,000) 45,000 Equity, end of year $ 91,000 $ 88,270 $ 68,705 $ 98,098
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