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. Liabilities on Dec. 31, 2017 + Revenue in 2017 Expenses in 2017 Assets on Dec. 31, 2017 $ 648,000 245,000 32,000 Situation 1 Situation 2 Situation 3 Situation 4 $29,000 Owners' + Equity on Jan. 1, 2017 $110,000 213,000 (50,000) 35,000 $295,000 550,000 $210,000 250,000 300,000 220,000 10,000 65,000