Question 3 For each of the following independent situations, fill in the shaded area with the appropriate dollar amount. You are provided with assets and liabilities on December 31, 2017, owners' equity on January 1, 2017, and revenue and expenses for 2017. Assets on Dec. 31, Liabilities on + Owners' Equity on + Dec. 31, 2017 Revenue in 2017 Expenses in 2017 2017 Jan. 1, 2017 Situation 1 $ $29,000 $110,000 $295,000 $210,000 Situation 2 648,000 213,000 550,000 250,000 Situation 3 245,000 220,000 (50,000) 300,000 Situation 4 32,000 10,000 35,000 65,000