Using the expanded accounting equation, calculate and enter the answers for each question. You will need to use answers you calculate for beginning and ending equity to answer the rest of the questions

Using the expanded accounting equation, calculate and enter the answers for each question. You will need to use the answers you calculate for beginning and ending equity to answer the rest of the questions. Assets Liabilities Beginning of $29,000 $18,000 Year End of Year: $64,000 $27,000 1) What is the equity at the beginning of the year? 2) What is the equity at the end of the year? Beginning Ending Equity Equity 3) If the owner contributes $7,900 and the owner withdraws $41,600, how much is 4) If net income is $1,100 and owner withdrawals are $5,000, how much did net income (loss)? the owner contribute (owner, capital)? Net Income Owner, (Loss) Capital 5) If the owner contributes $16,800 and net income is $17,800, how much did the 6) If the owner contributes $44,300 and the owner withdraws $1,200, how owner withdraw (owner, withdrawals)? much is net income (loss)? Owner, Net Income Withdrawals (Loss)