Shane Oriole began a business, Oriole Company, on January 1, 2021, with an investment of $115,000. The company had the following assets and liabilities on the dates indicated: December 31 2021 2022 Total Assets $390,000 440,000 520,000 Total Liabilities $215,000 275,000 310,000 2023 Use the accounting equation and the change in owner's equity during the year to calculate the profit (or loss) for: (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg.(45)) (a) 2021, assuming Shane Oriole's drawings were $50,000 for the year. Profit/(Loss) (b) 2022, assuming Shane Oriole made an additional investment of $51.000 and had no drawings in 2022. Profit/(Loss) $ (c) 2023. assuming Shane Oriole made an additional Investment of $10,000 and his drawings were $42,000 for the year, - Ch 1 Homework Assignment Part 1 Question 4 of 10 Prepare the balance sheet. PHAROAH COMPANY Balance Sheet Assets $ Liabilities and Owner's Equity $ $ $ e Textbook and Media