How would I determine the additional investment?

I'm absolutely stumped on this, I don't know how to figure out the additional investment from the information given.

Here is the information given:

Assets $95,011

Liabilities 48,088

Owner's equity 46,923

December 31, 2010

Assets 112,807

Liabilities 53,447

Owner's equity 59,360

Owner's equity changes in year

Additional investment _____

Drawings 23,787

Total revenues 351,705

Total expenses 321,252

What is the additional investment, and how did you determine this?

Update:

The first section of assets,liabilities, and owner's equity is from Jan 1, 2010

1 Answer

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  • 9 years ago
    Favorite Answer

    additional investment is unlikely to have occurred.

    The company had 13+k in additional OE, and a net profit before

    taxes of 30k

    my definition of investment is money taken from OE or from one's pocket

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