Question: NEED HELP WITH A B AND C PLEASE Presented below is selected information related to Kareem's Company on December 31, 2020. Kareem reports financial information

NEED HELP WITH A B AND C PLEASE

Presented below is selected information related to Kareem's Company on December 31, 2020. Kareem reports financial information monthly Equipment $10,000 Utilities Expense $ 4,000 Cash 8,000 Accounts Receivable 9,000 Service Revenue 36,000 Salaries and Wages Expense 7.000 Rent Expense 11,000 Notes Payable 16,500 Accounts Payable 2.000 Owner's Drawings 5,000 a. Determine the total assets of Kareem's Company at December 31, 2020 8,000+10000 +9000= 27000 b. Determine the net income that Kareem's Company reported for December 2020 36000-7000-11000-4000= 14000 . c. Determine the owner's equity of Kareem's Company on December 31, 2020 8000-9000 1

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