Question. Selected data from the 2001 financial statements of Townsend Landscaping are presented below in random order:

Liabilities at the end of the year $163,000

Additional investments by the owner during the year 12.000

Assets at the beginning of the year 325,000 Drawings by the owner during the year 28,500

Net Income for the year 52,600

Capital at the beginning of the year 118,000

Total revenue for the year 433,800

Required: Calculate the following: (a) Assets at the end of the year _______________

(b) Liabilities at the beginning of the year _______________

(c) Capital at the end of the year _______________

(d) Total expenses for the year _______________