V * Accounting Equation Inspirational Inc. is a motivational consulting business. At the end of its accounting period, October 31, 2012, Inspirational has assets of $591,570 and liabilities of $186,940. Using the accounting equation and considering each case independently, determine the following amounts: a. Stockholders' equity as of October 31, 2012. 404,630 b. Stockholders' equity as of October 31, 2013, assuming that assets increased by $93,470 and liabilities increased by $56,200 during 2013. 441,900 c. Stockholders' equity as of October 31, 2013, assuming that assets decreased by $46,730 and liabilities increased by $16,560 during 2013. 341,340 d. Stockholders' equity as of October 31, 2013, assuming that assets increased by $78,090 and liabilities decreased by $29,580 during 2013. 512,300 e. Net income (or net loss) during 2013, assuming that as of October 31, 2013, assets were $745,380, Sabilities were $121,270, and no additional common stock was issued or dividends paid. Net Income