During its first year of operations, the owner of Lupo Company invested $15,000 in the business and withdrew $2,000. The company earned $35,000 of revenues and incurred $23,000 of expenses. At the end of the year, the company's equity totaled:

$25,000

Explanation:

Lupo Company's equity = owner's equity + retained earnings

Lupo Company's equity = $13,000 + $12,000 = $25,000

well based on 99% of parents have dont something wrong to there kids mabey even stole money from you so based on maney inccedent i would choose guilt

answer; is usually (less than) the socially optimal level of consumption;