The entire balance of Globe Thirteen at the beginning of the year was $65,000, and at the end of the year was $82,000, and withdrawals during the year amounted to $5,000, and additions to capital were $7,000, so the value of the income/loss of the facility is:
Question 19 Answer
a.
$19,000 optional.
B.
$19,000 loss.
C.
$15,000 optional.
Dr..
$15,000 loss.