Accounting Equation Inspirational Inc. is a motivational consulting business. At the end of its accounting period, December 31, 2017, Inspirational has assets of $588,480 and liabilities of $185,960. Using the accounting equation and considering each case independently, determine the following amounts. a. Stockholders' equity as of December 31, 2017. $ 402,520 b. Stockholders' equity as of December 31, 2018, assuming that assets increased by $92,980 and liabilities increased by $55,910 during 2018. C. Stockholders' equity as of December 31, 2018, assuming that assets decreased by $46,490 and liabilities increased by $16,480 during 2018. d. Stockholders' equity as of December 31, 2018, assuming that assets increased by $77,680 and liabilities decreased by $29,420 during 2018. e. Net income (or net loss) during 2018, assuming that as of December 31, 2018, assets were $741,480, liabilities were $120,640, and no additional capital stock was issued or dividends paid