a

Data table May 31, 2018 June 30, 2018 Total Assets $ 155,000 $ 231,000 Total Liabilities 144,000 88,000 For each of the following situations that occurred in June, 2018 with regard to owner's contributions and withdrawals, compute the amount of net income or net loss during June 2018. a. The owner contributed $12,000 to the business and made no withdrawals. b. The owner made no contributions. The owner withdrew cash of $9,000. c. The owner made contributions of $19,000 and withdrew cash of $25,000