ces Required information [The following information applies to the questions displayed below.) The following financial statement information is from five separate companies. Company Company Company Company Company A B C D B December 31, 2018 Assets Liabilities December 31, 2019 Assets Liabilities $55,000 $34,000 $24,000 $60,000 24,500 21,500 $119,000 9,000 40,000 2 58,000 40,000 85,000 2 26,500 29,000 24,000 113,000 70,000 During year 2019 Stock issuances 6,000 1,400 9.750 6,500 Net income (loss) 8,500 8,000 14,000 20,000 Cash dividends 3,500 2,000 5,875 11,000 2a. What is the amount of equity on December 31, 2018 for Company B. Assets Liabilities Equity $ 34,000 B $ 21,500 $ 12.500 2b. What is the amount of equity on December 31, 2019 for Company B. Assets Liabilities 4 Equity $ 40,000 $ 26.500 $ 13,500 2c. What is net income for year 2019 for Company B. Statement of Shareholder's Equity Equity, December 31, 2018 Equity, December 31, 2019