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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. Note: Losses and
Exercise 2-28 (Algo) Analyzing changes in a company's equity LO P1 Compute the missing amount for each of the following separate companies. Note: Losses and amounts to be deducted should be indicated with a minus sign. Equity, beginning of year Owner investments during the year Dividends during the year Net income (loss) for the year Equity, end of year $ $ CBS 0 $ 97,000 93,000 99,000 $ ABC 0 $ (50,000) 46,030 96,030 CNN 0 88,745 (9,000) (5,000) $ $ NBC 206,722 (55,000) 106,722
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