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inspirational inc is a motivational consulting business at the end...

Question: inspirational inc is a motivational consulting business at the end...

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Inspirational Inc. is a motivational consulting business. At the end of its accounting period, October 31, 20Y2, Inspirational has assets of $693,330 and liabilities of $219,090 Using the accounting equation and considering each case independently, determine the following amounts: a. Stockholders equity as of October 31, 20Y2 b. Stockholders equity as of October 31, 20Y3, assuming that assets increased by $109,550 and liabilities increased by $65,870 during 20Y3. c. Stockholders equity as of October 31, 20Y3, assuming that assets decreased by $54,770 and liabilities increased by $19,410 during 20Y3. d. Stockholders equity as of October 31, 20Y3, assuming that assets increased by $91,520 and liabilities decreased by $34,670 during 20Y3. e. Net income (or net loss) during 20Y3, assuming that as of October 31, 20Y3, assets were $873,600, labilities were $142,130, and no additional common stock was issued or dividends paid.

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