Answer:
Ending Equity $279,000
Explanation:
Calculation for the Ending Equity
Using this formula
Ending Equity = Beginning Equity + Investments by Owners + Net Income - Withdrawals
Let plug in the formula
Ending Equity = $275,000 + $15,000 + $49,000 - $60,000
Ending Equity = $279,000
Therefore the Ending Equity would be $279,000
