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Compute the missing amount for each of the following separate companies. (Losses and amounts to be dedue indicated with a minus sign.) Answer is complete
Compute the missing amount for each of the following separate companies. (Losses and amounts to be dedue indicated with a minus sign.) Answer is complete but not entirely correct. CBS ABC CNN NBC Equity, beginning of year 0 $ 0 0 S 0 Owner investments during the year 103,000 108,000 93,275 213,190 Owner withdrawals during the year 99,000 (54,000) (8,000) (54,000) Net income (loss) for the year 99,000 47,850 (6,000) 46,000 Equity, end of year $ 105,000 $ 101,850 $ 79,275 $ 113,190
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