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2a. What is the amount of equity on December 31, 2018 for Company B. Answer is complete and correct. Assets $ 31,980 - = Liabilities

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2a. What is the amount of equity on December 31, 2018 for Company B. Answer is complete and correct. Assets $ 31,980 - = Liabilities $ 22,386 + + Equity 9,594 $ 2b. What is the amount of equity on December 31, 2019 for Company B. Answer is complete and correct. Assets $ 33,120 Liabilities $ 22,521 - + Equity 10,599 = $ 2c. What is net income for year 2019 for Company B. Answer is not complete. Statement of Shareholder's Equity Equity, December 31, 2018 $ 7,380 % Add: Net income Add: Stock issuances Stock issuances 1,400 8,780 Less: Cash dividends 2,000 Equity, December 31, 2019 $ 10,780

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