Answer:
$17,100
Explanation:
For computing the ending equity first we have to determine the beginning equity which is shown below:
As we know that
Accounting equation comprise of
Total assets = Total liabilities + stockholder equity
$35,000 = $28,700 + stockholder equity
So, the stockholder equity is
= $35,000 - $28,700
= $6,300
Now the ending equity is
= beginning equity + owner investments + net income - withdrawls
= $6,300 + $6,000 + $8,300 - $3,500
= $17,100
