PART IIIShort Problems (12 points) A) Use the following information to calculate for the year ended December 31, 2014 (a) net income (net loss). (b) ending owner's equity, and (c) total assets. Supplies (for future use) $ 1.000 Revenues $23,000 Operating expenses 12,000 15,000 Accounts payable 9,000 Drawings 1,000 Accounts receivable 3,000 Notes payable 1,000 Beginning Capital (January 1) 5,000 Equipment 6.000 Cash B) Compute the missing amount in each category of the accounting equation. (Read across.) Assets Liabilities Owner's Equity (a) $349,000 $ 2 $143,000 (b) $223,000 $ 79,000 $? $ ? $253,000 $325,000