Using the accounting equation during 2018, flowing rivers spa reported revenue of s30,ooo. total expenses for the year were s15,ooo. rowing rivers spa ended the year with total assets of s43,ooo, and it owed debts totaling s14,ooo. at year-end 2017, the business reported total assets of $28,000 and total liabilities of s14,ooo. requirements 1. compute flowing rivers spa's net income for 2018. 2. did flowing rivers spa's stockholders' equity increase or decrease during 2018? by how much?

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