Showpiece Countertops balance sheet data are shown below Requrement 1. Compute the amount of net income ornet loss for the company during the year ended Ceber 31, 2020, the owner isted $54,000 in the business wid wihdrew $38.000 during the year, Show all caldo To compute thened income or loos for 2020, start by completing the following the January 1, 2020 December 31, 2020 $360,000 $ 500.000 Totabile 305.000 365.000 Total owner's equity Now lite define the formula for determining net income ormet loss from the numbers above and the pen data. Present this on the same order as the Statement of Owner's gay (Abbreviations used: Beg Beginning: End. = Ending) Redefine the formula to solve for the unknown, Not income or Neto) (Use parentheses or a minus sign for a nettoss) Ending Owner's Equity Withdrawal truments Beg. Owner's Equity * Net Income