Chapter 1 End of Chapter Assignment 2 Part 2 of 5 Saved Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It doem Required information [The following information applies to the questions displayed below.] The following financial statement information is from five separate companies. 6.25 points Company Company Company Company Company A B C D E December 31, 2018 Assets $49,000 Liabilities 40,180 26,754 $38,220 $31,360 $87,220 16,934 60,181 $133,770 ? December 31, 2019 Assets 54,000 38,880 P 98,280 149,040 Liabilities P 26,438 17,728 47,174 117,741 During year 2019 Owner investments 6,000 1,400 9,750 6,500 Net income (loss) 12,980 5,100 17,067 9,045 Owner cash withdrawals. 3,500 2,000 5,875 11,000 2a. What is the amount of equity on December 31, 2018 for Company B. Answer is complete and correct. Assets $ 38,220 Liabilities + Equity 26,754 11,466