include all steps please for both questions

QS 1-13 Applying the accounting equation 107 Using the accounting equation provided, calculate: 1. Beginning capital on January 1, 2017, and 2. Ending capital at December 31, 2017 Assets Liabilities + Equity $20,000 $15,000 Beginning capital on January 1, 2017 +3.000 Plus owner investments during the year +8,000 Plus profit earned during the year -4,000 Less owner withdrawals during the year ? Equals ending capital on December 31, 2017 Hint: Reolene Part of the Mid-Chapter Demonstration Problem before trying this question. QS 1-14 Transaction analysis LO7 For each transaction described, identify which component of the accounting equation increases decreases. The first one is done as an example. Example: Services were performed for a client on credit. a. A credit customer paid his account. b. Supplies were purchased on credit. c. The balance owing regarding the supplies purchased in part (b) was paid