The records ofJones Company show the following at December 31, 2016.

1.Compute the missing amount for Jones Company. You will need to work through owners equity. 2. Did Jones earn a net income or suffer a net loss for theyear? Compute the amount. Begin by working through owners equity. Rework the accounting equation and then solve for owners equity at the beginning and end of the period.

Identify the formula to show the change in equity and then complete the calculation to solve for the missing expenses for the period.

Identify the formula and then solve for Jones net income or loss for the period.

Beginning assets $41,000 liabilities $33,000 Ending assets $58,000 liabilities$46,000

Equity Owner contribution $4,000 Owner withdrawals $12,000 Revenues $205,000 Expenses ?

Can you help me solve all of this?