X Unit 1 Lab Assignment - AC1 x wNWP Assessment Builder UI X w Question 9 of 10- ssment-player/index.html?launchld=52da9f77-b354-4506-b456-9659835b850e#/question/8 Question 9 of 10 View Policies Show Attempt History Current Attempt in Progress Nour answer is partially correct. Pharoah Company had the following assets and liabilities on the dates indicated December 31 Total Assets Total Liabilities 2021 $500,000 $397,000 2022 $560,000 $287,000 2023 $690,000 $487,000 Pharoah began business on January 1, 2021, with an investment of $97,000 From an analysis of the change in owner's equity during the year compute the net income or loss for a) 2021, assuming Pharoah's drawings were $17,000 for the year Natincome for 2021 (b) 2022, assuming Pharoah made an additional investment of $46.000ed had no drawings in 2022. Net loss for 2022 (c) 2023, assuming Pharoah made an additional investment of $23.000 pne had draw tres of $24,000 in 2022. Net for 2023 eTextbook and Media Save for Later 5/10 Attempts: 3 of 5 used Submit Answe *- 300 D F5 F6 F7 19 F10 F11