made no withdrawals. Equity at the end of the month totalled $88,0 was $60,000. During the month, the own Exercise 1-8 Missing information LO6 excel This symbol means that an Excel template is available on Connect to help you solve this question. CHECK FIGURE: e. $102,000 Referring to Exhibit 1.9, calculate the amount of the missing item in each of the follo a b Equity, January 1. $ -0- $ -0- $ -0- Owner's investments during the year... 60,000 ? 31,500 Profit (loss) for the year.. 15,750 30,500 (4,500) Owner's withdrawals during the year. ? (27,000) (20,000) Equity, December 31............... 56,000 49,500 ?