Net income and owner's equity for four businesses Four oifferent proprietorships, Amber, biue, Coral, and Daffodi, have the same balancie shicet data at the beginhicig and end of a year as follows: On the basis of the above data and the following additional information for the vear, determine the net incomb (or loss) of each company for the year. CHint: First, determine the amount of increase or decrebse in owner's equity durim the veari) Amber: No additional owner imvestments and no owner withdrawals were made- Elue: No edditional owner investments, but the owner withdrew $5,800. Coral: The owher invested an additional $25,500 in the buisuess and made ro wahdramalt. Daffodit: The owner invested an additional $15,100 in the businets and wharew $6,400 Net income and owner's equity for four businesses Four oifferent proprietorships, Amber, biue, Coral, and Daffodi, have the same balancie shicet data at the beginhicig and end of a year as follows: On the basis of the above data and the following additional information for the vear, determine the net incomb (or loss) of each company for the year. CHint: First, determine the amount of increase or decrebse in owner's equity durim the veari) Amber: No additional owner imvestments and no owner withdrawals were made- Elue: No edditional owner investments, but the owner withdrew $5,800. Coral: The owher invested an additional $25,500 in the buisuess and made ro wahdramalt. Daffodit: The owner invested an additional $15,100 in the businets and wharew $6,400