Question: Question 3 5 At January 1 , 2 0 1 2 , Alligator Industries reported owner's equity of $ 1 3 0 , 0 0

Question 35
At January 1,2012, Alligator Industries reported owner's equity of $130,000. During 2012, Alligator had a net loss of $30,000 and owner drawings of $15,000. At December 31,2012, the amount of owner's equity is
Option 1 $85,000.
Option 2
$100,000.
Option 3
$115,000.
Option 4
$145,000.
Question 3 5 At January 1 , 2 0 1 2 , Alligator

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