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Each situation below relates to an independent company's owners equity. A. Calculate the missing values. For those boxes in which you must enter subtractive or

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Each situation below relates to an independent company's owners equity. A. Calculate the missing values. For those boxes in which you must enter subtractive or negative numbers use a minus sign. If an amount box does not require an entry, leave it blank. Beginning Net Ending Balance Income Net Loss Investments Distributions Balance Co. $17,000 $0 $22,500 $2,500 $37,000 Co. 2 $63.680 $0 $12.000 50 $44,830 Co. $274,300 $0 $0 $24,100 $299,400 8. Which of the following correctly categorizes the three companies? a.Co. 1 is a new company: Co. 2 is a poorly performing established company: Co. 3 is a mature company with strong financial performance. b. Co. 2 is a new company: Co. 3 is a poorly performing established company: Co. 1 is a mature company with strong financial performance. cCo. is a new company Co. 1 is a poorly performing established company co2 is a mature company with strong financial performance 4.co.1 nes company, Co. is a poorly-performing established company: Co. 2 is a mature company with strong financial performance

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