How do calculate the net loss

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How do you calculate the net loss? 
Partially correct answer. Your answer is partially correct. Try again. 
Andruw Company had the following assets and liabilities on the dates indicated.
December 31 
Total Assets 
Total Liabilities 

2011 $499,115 $267,262 
2012 $559,115 $317,262 
2013 $689,115 $417,262 

Andruw began business on January 1, 2011, with an investment of $99,112.
From an analysis of the change in owner's equity during the year, compute the net income (or loss) for:

(a) 2011, assuming Andruw's drawings were $15,264 for the year.

Net income for 2011 $Entry field with correct answer 

(b) 2012, assuming Andruw made an additional investment of $48,777 and had no drawings in 2012.

Net loss for 2012 $Entry field with incorrect answer 

(c) 2013, assuming Andruw made an additional investment of $18,235 and had drawings of $19,148 in 2013.
Net income for 2013 $Entry field with incorrect answer 

Reference no: EM13238985

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