Two items are omitted from each of the following summaries of balance sheet and income statement data for two proprietorships for the year 2010, Craig Cantrel and Mills Enterprises.

InstructionsDetermine the missingamounts.

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Craig Cantrel Mills Enterprises Beginning of year: Total assets $ 95,000 $129,000 (c) 80,000 85,000 Total liabilities Total owner's equity End of year: Total assets (a) 160,000 180,000 Total liabilities 120,000 50,000 130,000 Total owner's equity Changes during year in owner's equity: Additional investment 40,000 (b) 24.000 25,000 (d) Drawings Total revenues Total expenses 215,000 100.000 175,000 55,000