WIL PROJECT CASE STUDY ORIENTATION WEEK 2 Bank loan 55,000 -) paid loan 7,000 Total Long-term liabilities 48,000 Total Liabilities 76,333.3 Owner's Equity $ 370095 Total Owner's Equity $ 370095 Total Liabilities and Owner's Equity 446,428.3 Deliverables, Format and Marking Scheme for This Week's Case Study Evaluation: Correct income statement (1%). Correct statement of owners' equity (1%). Correct balance sheet (2%). The balance sheet balances (1%). Note: assume any missing information. Clearly state your assumptions in your submissions. Summarize your findings in a two-page word document