EX 1-7 Accounting equation Annie Rasmussen is the owner and operator of At the end of its accounting period, December 31, 2015, Go44 has assets of $720,000 and liabilities of $180,000. Using the accounting equation and considering each case in- dependently, determine the following amounts: a. Annie Rasmussen, capital, as of December 31, 2015 b. Annie Rasmussen, capital, as of December 31, 2016, assuming that assets increased OBJ. 3,4 Go44, a motivational consulting business. c. Annie Rasmussen, capital, as of December 31, 2016, assuming that assets decreased d. Annie Rasmussen, capital, as of December 31, 2016, assuming that assets increased e. Net income (or net loss) during 2016, assuming that as of December 31, 2016 by $96,500 and liabilities increased by $30,000 during 2016 by $168,000 and liabilities increased by $15,000 during 2016 by $175,000 and liabilities decreased by $18,000 during 2016. assets were $880,000, liabilities were $220,000, and there were no additional n- vestments or withdrawals