May 31, 2018 june 30, 2018total assets $211,000 $209,000total liabilities 133,000 99,000begin by identifying the accounting equation and the formula expressed by the statement of owner's equity (the "equityequation"): (abbreviation used: account. = accounting.)account. equation: =equity equation: =for each of the following situations that occurred in june, 2018 with regard to own-er’s contributions and withdrawals, compute the amount of net income or net loss during june 2018.(use a minus sign or parentheses for a netloss.)a. the owner contributed $25,000 to the business and made no withdrawals. net income(loss) = $b. the owner made no contributions. the owner withdrew cash of $7,500.net income(loss) = $c. the owner made contributions of $35,000 and withdrew cash of $22,000.net income (loss) = $

Aland development company purchases several acres of land adjacent to a wildlife reserve. it plans to build a new community, complete with shops and schools. green sands, a local environmental group, complains that the company's proposed building methods will disrupt the area's ecological balance. the company wants to respect the local ecology but also wants to build its development. the company decides to schedule a meeting with green sands's representatives to make choices about the property that are agreeable to both sides. which strategy would be most effective in this situation?

Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor.required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)

Russell's is considering purchasing $697,400 of equipment for a four-year project. the equipment falls in the five-year macrs class with annual percentages of .2, .32, .192, .1152, .1152, and .0576 for years 1 to 6, respectively. at the end of the project the equipment can be sold for an estimated $135,000. the required return is 13.2 percent and the tax rate is 23 percent. what is the amount of the aftertax salvage value of the equipment assuming no bonus depreciation is taken