Question: At January 1 , 2 0 2 0 , Concord Industries reported owner's capital of $ 1 4 8 0 0 0 . During 2

At January 1,2020, Concord Industries reported owner's capital of $148000. During 2020, Concord had a net loss of $29600 and owner's drawings of $15800. At December 31,2020, the amount of owner's capital is
$118400.
$132200.
$163800.
$102600.
At January 1,2020, Concord Industries reported owner's capital of $148000. During

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