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Company Company Company Company A B D Company E $32,000 $24,960 26, 240 17,472 $20,480 11,959 $56,960 39,382 $ 87,360 2 December 31, 2018 Assets

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Company Company Company Company A B D Company E $32,000 $24,960 26, 240 17,472 $20,480 11,959 $56,960 39,382 $ 87,360 2 December 31, 2018 Assets Liabilities December 31, 2019 Assets Liabilities During year 2019 Stock issuances Net income (loss) Cash dividends 37,000 26,640 18, 115 ? 12, 147 67,340 32,323 102, 120 80,674 6,000 8,390 3,500 1,400 ? 2,000 9,750 6,800 5,875 ? 10,359 8 6,500 8,474 11,000 Required: 1a. What is the amount of equity on December 31, 2018 for Company A. Assets $ 32,000 = Liabilities + 26,240 + Equity 5,760 $ 1b. What is the amount of equity on December 31, 2019 for Company A. Statement of Shareholder's Equity Equity, December 31, 2018 s 5,760 Add: Net income (8,390) Add: Stock issuances 6,000 3,370 Equity, December 31, 2019

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