Company Company Company Company Company December 31, 2016 $55,000 $34,000 $24,000 $60,000 $119,000 24,500 21,500 AssetsS Liabilities 9,000 40,000 December 31, 2017 58,000 40,000 85,000 113,000 70,000 Assets Liabilities ?26,500 29,000 24,000 During year 2017 Stock issuances 9,750 8,000 14,000 5,875 6,500 20,000 11,000 6,000 8,500 3,500 1,400 Net income (loss) Cash dividends 2,000 Required: 1a. What is the amount of equity on December 31, 2016 for Company A. Assets Equity Liabilities+ 0 1b. What is the amount of equity on December 31, 2017 for Company A. Statement of Shareholder's Equity Equity, December 31, 2016 Add: Stock issuances Add: Net income 0 Less: Cash dividends Equity, December 31, 2017 1c. What is the amount of liabilities on December 31, 2017 for Company A. Liabilities Assets Equity