For each of the following independent situations, fill in the shaded area with the appropriate dollar amount.
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Assets on Liabilities on Owners Equity on Revenue Dec. 31,Dec. 31, 2017Jan. 1, 2017 Expenses in 2017 +in 2017 2017 $295,000 550,000 Situation 1 S Situation 2 648,000 Situation 3 245,000 Situation 432,000 $29,000 $110,000 213,000 (50,000) 35,000 $210,000 250,000 300,000 220,000 10,000 65,000
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