Great City Builder's balance sheet data at May 31, 2018, and June 30, 2018, follow:

Great City Builders' balance sheet data at May 31, 2018, and June 30, 2018, follow: 5 Click the icon to view the balance sheet data.) Read the requirement. Data table Total Assets Begin by identifying the accounting equation and the formula expressed by the statement of owner's equity (the "equity equation"): Accounting equation: Equity equation: May 31, 2018 June 30, 2018 $ 199,000 $ 227,000 155,000 66,000 Total Liabilities - X Requirement Print Done For each of the following situations that occurred in June, 2018 with regard to owner's contributions and withdrawals, compute the amount of net income or net loss during June 2018 a. The owner contributed $15,000 to the business and made no withdrawals. b. The owner made no contributions. The owner withdrew cash of $4,000. c. The owner made contributions of $25,000 and withdrew cash of $22,000. Etext pag Print Done Clear all Check