2015 $28,500 $13,700 2016 93,900 80,800 2017 223,600 165,600 Required: 1. Compute the changes in Coaches and Carriages owners’ equity

2015 $28,500 $13,700 2016 93,900 80,800 2017 223,600 165,600 Required: 1. Compute the changes in Coaches and Carriages owners’ equity during 2016 and 2017. If the change is a decrease, enter your answer as a negative number using a minus sign. 2016 change in owners’ equity $fill in the blank 1 2017 change in owners’ equity $fill in the blank 2 2. Compute the amount of Coaches and Carriages’ net income (or loss) for 2016 assuming that no dividends were paid and the owners made no additional contributions during the year. If the amount is a loss, enter your answer as a negative number using a minus sign.

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