If the owner withdrew no assets during the year but invested an additional $96,000 in cash, we need to adjust the calculation for the net profit earned. This additional investment would increase the owner's equity over the course of the year. Let's calculate: Given: Beginning of the year assets = $99,000 Beginning of the year liabilities = $46,000 End of the year assets = $136,000 End of the year liabilities = $70,000 Additional investment by the owner = $96,000.

Calculate the owner's equity ?