Dr$.$ Joe Family Dental has the following trial balance:

Compute the following amounts for Dr$.$ Joe dental practice:

Total Current assets

Total liabilities:

Net income or loss during December:

Total shareholders' equity:Dr$.$ Joe Family Dental has the following trial balance:

Dr$.$ Joe Family Dental

Trial Balance

December $31,2018$

Debit Credit

Cash $$15,000$

Accounts receivable $5,000$

Supplies $10,000$

Equipment $20,000$

Land $70,000$

Accounts payable

$$25,000$

Note payable

$30,000$

Share capital

$20,000$

Retained earnings

$10,000$

Service revenue

$70,000$

Salary expense $25,000$

Rent expense $8,000$

Interest expense $2,000$

TOTAL $$155,000$ $$155,000$

$1.$ Compute the following amounts for Dr$.$ Joe dental practice:

Total Current assets: $\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$

Total liabilities: $\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$

Net income or loss during December: $\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$

Total shareholders$$ equity: $\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$