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Exercise 2-28 (Algo) Analyzing changes in a company's equity LO P1 Compute the missing amount for each of the following separate companies in columns B
Exercise 2-28 (Algo) Analyzing changes in a company's equity LO P1 Compute the missing amount for each of the following separate companies in columns B through E. Note: Losses and amounts to be deducted should be indicated with a minus sign. CBS ABC CNN NBC Equity, beginning of year $ 0 $ 0 $ 0 $ 0 Owner investments during the year 101,500 92,143 211,573 Dividends during the year (51,000) (9,000) (55,000) Net income (loss) for the year 97,500 49,395 (5,000) Equity, end of year $ 103,500 $ 100,395 $ 111,573
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