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Ferris Wheeler is a trader in entertainment services. The business reporteda net loss of $18,800 for the year 2012. At the start of the year

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Ferris Wheeler is a trader in entertainment services. The business reporteda net loss of $18,800 for the year 2012. At the start of the year the owners equity was $378,800, and at the end of the year the equity was $330,000. During the year the owner took goods valued at $10,000 as well as cash for personal use. What is the amount of cash drawings for the year? Select one: a. $20,000 b. $57,600 c. $30,000 O d. $47,600

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