The fecords of Leahy Company show the folowing at Docember 31, 2024 . CCick the icon to yiew the data.) Requirements 1. Computo the rissing arriount for Leatyy Company You will noed to work through owner's nquity. 2. Did Leahy oarn a not income or suffer a net loss for the yoar? Compute the amount. Requirement 1. Computo tho missing amount for Loahy Comscany. You wil neod to work through caner's equaty. Begin by working through owner's oguty. Rework tho accounting equation and then solvo for owne's equity ("oquity") at the begining and end of the pariod. Identify the formula to shaw the change in equity and then complote the caloulation to solve for Ele missing oxpanses for the period. (F or acceints with a so. Identify the formula to show the change in equity and then complete the calculation to solve for the missing expenses for the period. (For accounts wilh a so balance, make sure to enter "O" in the appropriate column, Abbreviations used: Contributions = Owner contribution, Withdrawals = Owner withdraval; Capital. Beg. = Capital, Beginning.) =Capital,Ending= Requirement 2. Did Leahy eam a net income or sutfer a not loss for tho year? Compute the amount. ldentify the formula and then soive for Leahy's net income or loss for the period. (Use parentheses or a minus sign for a net loss.) Requirement 2. Did Leahy earn a net income or suffer a net loss for the year? Compute the amount. Identify the formula and then solve for Leahy's net income or loss for the period. (Use parentheses or a minus sign for a net loss.) 1=Natincome(loss)