Question: Exercise 2-28 (Algo) Analyzing changes in a company's equity LO P1 Compute the missing amount for each of the following separate companies. Note: Losses
Exercise 2-28 (Algo) Analyzing changes in a company's equity LO P1 Compute the missing amount for each of the following separate companies. Note: Losses and amounts to be deducted should be indicated with a minus sign. CBS ABC CNN NBC Equity, beginning of year $ 0 $ 0 $ 0 $ 0 Owner investments during the year 103,000 93,275 213,190 Dividends during the year (53,000) (9,000) (53,000) Net income (loss) for the year 99,000 48,850 (5,000) Equity, end of year $ 105,000 $ 101,850 $ 113,190
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