Hawke Company had the following assets and liabilities on the dates indicated. December 31 Total Assets Total Liabilities 2019 $400,000 $250,000 2020 $460,000 $300,000 2021 $590,000 $400,000 Hawke began business on January 1, 2019, with an investment of $100,000. From an analysis of the change in owner's equity during the year, compute the net income (or loss) for: (a) 2019, assuming Hawke's drawings were $12,000 for the year. for 2019 $ (b) 2020, assuming Hawke made an additional investment of $34,000 and had no drawings in 2020. for 2020 $ (c) 2021, assuming Hawke made an additional investment of $12,000 and had drawings of $25,000 in 2021.
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