Question: Using the information given, complete each of the empty boxes. Solo Co. Drake Co. Arbutus Co. Beginning: Assets . . . . $ 450,000 $

Using the information given, complete each of the empty boxes. Solo Co. Drake Co. Arbutus Co. Beginning: Assets . . . . $ 450,000 $ 345,000 $ 580,000 Liabilities 270,000 125,000 380,000 Ending: Assets . . . 640,000 $ 400,000 Liabilities 330,000 205,000 510,000 Owner's Equity: Investments by owner . . . 0 $ 130,000 Withdrawals by owner .... 295,000 155,000 300,000 Income Statement: Revenues . . . . . . 760,000 $ 390,000 $ 900,000 Expenses . . . 540,000 675,000

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