The records of Fox Company show the following at December 31, 2016 B Click the icon to view the data) Requirements 1. Compute the missing amount for Fel Company. You will need to work through owner's equity 2. Did Felix com a net income or suffer not loss for the you? Compute the amount Requirement 1. Compute the missing amount for Fell Company. You will need to work through owner's equity Begin by working through owner's equity. Rework the accounting equation and then solve for owner's equly quity at the beginning and end of the period. Assets Equity Beginning Ending dently the formula to show to change in equity and then complete the calculation to solve for the missing expenses for the period. For accounts with a so bola.co, make sure to enter in the acpropriate column Abbreviationes Contributions Owner corbution Withdrawals Owner withdrawat Capital Beg - Capital Beginning) Captal Ending Data Table Requirement 2. Old Folix cam a net income or sufera ne fons for the year? Compute the amount Identify the formula and then solve for Fenetrome or loss for the period. (Use parents of a minussion for a net) Net income (5) $ Beginning Assets Labios Ending Equity 5 50,000 Owner contributions 29,000 Owner with Revenues $ 53,000 Expenses 52.000 18,000 10,000 245,000 ? Linblities Choose from any it or enter any number in the input fields and then continue to the next question Print Done