Figgaro Company's accounts and their balances, as of the end of August, are included below. All accounts have normal balances: Accounts receivable..... Equipment... Service revenues earned. Rent expense... Office supplies........ Notes payable.. $36,000 59,000 75,000 3,600 1,500 22,000 Cash. Advertising expense... Accounts payable. J. Figgaro, Withdrawals.. Salaries expense. J. Figgaro, Capital........ $27,000 5,000 31,000 24,000 30,000 58,100 a. Calculate net income. b. Determine the amount of owner's equity to be shown on the August 31 balance sheet