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Opening Owners equity = 75000

Add: investment = 25000

Add: Net profit = 45000 (100000 - 55000)

Total owner equity = 145000

Less: Closing equity = 130000

Drawings = 15000

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Q: What is the drawings for the year if the beginning OE is 75000 the ending OE is 130000 the investments during the year is 25000 total rev is 100000 and total expense is 55000?
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