Question: PA 2 . LO 2 . 1 Each situation below relates to an independent companys owners equity.A . Calculate the missing values.B . Based on

PA2. LO 2.1 Each situation below relates to an independent companys owners equity.A. Calculate the missing values.B. Based on your calculations, make observations about each company.SolutionA.Beginning Balance+Net IncomeNet Loss+InvestmentsDistributions=Ending BalanceCo. 1$16,500$0$22,300$1,750$37,050Co.2$63,180$0$12,000$0$44,880Co.3$275,300$0$0$24,100$299,400B. ObservationsCompany 1:Company 2:Company 3:

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