Based Adia operates a Bed and Breakfast near Humber. For the year 2020, the opening balance of owner's equity was $250,000. Throughout the year Adia added an additional investment of $75,000. At year end, after the calculation of net income, Adia withdrew $25,000. The ending balance of owner's equity for 2020 was $365,000. How much net income/loss was earned in 2020? $75,000 ($65,000) ($75,000) $65,000on the following information, what would be your "cost baseline"? Project cost: $1,750 Contingency reserve: $105 Management reserve: $68