Cullumber company had the following assets and liabilities on the dates indicated. A . 2021-Assuming drawings were 16,000 for the year. C. 2023,assuming cullumber made an additional investment of 24,000 and had drawings of $32,000 in 2023.

Cullumber Company had the following assets and liabilities on the clatesinilicated. Cullumber began business on January 2021 , With an iowestmentiof 595000 (a) 2021, assuming Cullumber's dnavints mare \$16500, tar the wear (b) 2022, assuming Cullumber made an additic 7 ll investment of $40co0 and had ro driwings in 2022 for 7022