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Could someone please help me? 2c. What is net income for year 2017 for Company B. Statement of Shareholder's Equity Equity, December 31, 2016 $
Could someone please help me? 2c. What is net income for year 2017 for Company B. Statement of Shareholder's Equity Equity, December 31, 2016 $ 11,232 Add: Net income 0 Add: Stock issuances + 1,400 12,632 Less: Cash dividends 2,000 Equity, December 31, 2017 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 B D A Company E $48,000 $37, 440 $30, 720 39, 360 26, 208 16,588 $85, 440 58,953 $131, 040 ? December 31, 2016 Assets Liabilities December 31, 2017 Assets Liabilities During year 2017 Stock issuances Net income (loss) Cash dividends 51,000 36, 720 24,969 ? 16, 743 92,820 44,553 140, 760 111, 200 6,000 11,810 3,500 1,400 ? 2,000 9,750 (580) 5,875 14,780 6,500 7,852 11,000
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