Sheridan Company Beta Company Psi Company Omega Company January 1, 2017 Assets $80,480 $89,020 27,510 (9) $141,600 Liabilities 49,870 127,110 (d) 77,740 235,090 (1) Owner's equity 30,610 (a) 38,090 50,230 93,490 December 31, 2017 Assets 111,480 (b) 110,300 185,200 40,800 (k) Liabilities 61,490 73,380 267,600 (h) 105,500 49,990 36,920 (e) 82,400 146,300 Owner's equity Owner's equity changes in year Additional investment 19,490 (c) 7,060 11,210 15,780 Drawings 15,910 32,830 (0) 12,450 10,060 Total revenues 350,400 410,000 (1) 513,000 Total expenses 334,600 385,400 353,300 (1) Sheridan Company Beta Company Psi Company Omega Company January 1, 2017 Assets $80,480 $89,020 27,510 (9) $141,600 Liabilities 49,870 127,110 (d) 77,740 235,090 (1) Owner's equity 30,610 (a) 38,090 50,230 93,490 December 31, 2017 Assets 111,480 (b) 110,300 185,200 40,800 (k) Liabilities 61,490 73,380 267,600 (h) 105,500 49,990 36,920 (e) 82,400 146,300 Owner's equity Owner's equity changes in year Additional investment 19,490 (c) 7,060 11,210 15,780 Drawings 15,910 32,830 (0) 12,450 10,060 Total revenues 350,400 410,000 (1) 513,000 Total expenses 334,600 385,400 353,300 (1)