please answer the question asap

1 Accounting Equation Problem 2 Aggarwal Paralegal began operations on January 1, 2022. The owner invested $10,000 during the first year and was able to withdraw cash of $42,000 after a successful first year. 3 During 2023, the second year of operations, the paralegal firm reported profit of $175,000, owner withdrawals of $78,000, and no owner investments. 5 6 In 2024, the third year, Aggarwal Paralegal incurred a loss of $5,000. The owner made no withdrawals and no owner investments during this period. At the end of 2024, owner's capital was $120,000 7 00 Instructions: Please show any supported calculations in the blue shaded area and place 9 your final answer in the yellow box. 10 11 Required: Calculate the profit or loss for 2022. (Hint setup the expanded equity equation for each of the 12 years)