Andruw Company had the following assets and liabilities on the dates indicated.

December 31

Total Assets

Total Liabilities
2011 $476,248 $176,010
2012 $536,248 $226,010
2013 $666,248 $326,010

Andruw began business on January 1, 2011, with an investment of $98,783.

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 $16,274 for the year.

Net income for 2011 $

(b) 2012, assuming Andruw made an additional investment of $42,406 and had no drawings in 2012.

Net loss for 2012 $

(c) 2013, assuming Andruw made an additional investment of $23,522 and had drawings of $28,218 in 2013.

Net income for 2013 $