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Given table below answer the queestions. Company A Company B Company C Company D Beginning of year Assets Company E $ 39,000 $ 30,420 Liabilities
Given table below answer the queestions.
Company A Company B Company C Company D Beginning of year Assets Company E $ 39,000 $ 30,420 Liabilities End of year $ 24,960 $ 69,420 $ 106,470 31,980 21,294 13,478 47,899 ? Assets 44,000 31,680 ? 80,080 Liabilities 121,440 P 21,542 Changes during the year 14,445 38,438 95,937 Stock issuances 6,000 1,400 Net income (loss) 9,750 ? 6,500 10,280 ? 6,700 Cash dividends 13,121 8,709 3,500 2,000 5,875 0 11,000 2a. What is the amount of equity at the beginning of the year for Company B? 2b. What is the amount of equity at the end of the year for Company B? 2c. Compute the net income of the year for Company B. Complete this question by entering your answers in the tabs below. Required 2A Required 2B Required 2C Compute the net income of the year for Company B. Equity, beginning of year Add Stock issuances Add Net income Less Cash dividends Equity, end of year $ 9,126 1,400 10,526 2,000
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