Owner's equity at the start of the period is $35,000; net income for the period is $30,000;
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Owner's equity at the start of the period is $35,000; net income for the period is $30,000; the total investments by the owner are $15,000; and total withdrawals by the owner are $5,000. The owner's equity at the end of the
period is
| a. | $80,000. |
| b. | $75,000. |
| c. | $85,000. |
| d. | $40,000. |
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