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Could somebody help me with this question please. Could you show me the calculations. Thank you LO3 Stateme nt of Owner's Equity E10B. ACCOUNTING CONNECTIONInformation

Could somebody help me with this question please.

Could you show me the calculations.

Thank you

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LO3 Stateme nt of Owner's Equity E10B. ACCOUNTING CONNECTIONInformation from Mrs. Clark's Cookies' statement of owner's equity for 2014 follows. Withdrawals Net income Owner's equity, January 31, 2014 Owner's equity, January 31, 2013 0 159,490 105,000 Prepare Mrs. Clark's Cookies' statement of owner's equity. You will need to solve for the amount of net income. What is owner's equity? Why might the owner decide not to make any withdrawals from the company

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