E1-11 Two items are omitted from each of the following summaries of statement of finan- cial position and income statement data for two companies for the year 2017, Steven Craig Lid. and Georgia Enterprises Ltd. Steven Georgia Craig Enterprises Beginning of year: Total assets 97,000 129,000 Total liabilities 63,000 Total equity (a) 75,000 End of year: Total assets 160,000 180,000 Total liabilities 100,000 50,000 Total equity 60,000 130,000 Changes during year in equity: Additional investment (b) 25,000 Dividends 44,000 (d) Total revenues 215,000 100,000 Total expenses 155,000 55,000 E1-13 Lynn Dreise is the bookkeeper for Sanculi Company SpA. Lynn has been trying to get the statement of financial position of Sanculi Company SpA to balance correctly. Sanculi's statement of financial position is shown as follows. SANCULI COMPANY SpA Statement of Financial Position December 31, 2017 Liabilities Assets Equipment Supplies Cash Dividends Total assets 48,000 8,000 14,000 5,000 75,000 Share capital-ordinary Retained earnings Accounts payable Accounts receivable Total equity and liabilities 50,000 17,500 16,000 (8,500) 75.000