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HW Problems The following financial statement information is from five separate companies: Company Company Company Company Company December 31, 2016 $40,000 $31,200 $25,600 $71,200 $109,200

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HW Problems The following financial statement information is from five separate companies: Company Company Company Company Company December 31, 2016 $40,000 $31,200 $25,600 $71,200 $109,200 Assets Liabilities 32,800 21,840 13,824 49,127 December 31, 2017 5,00032,400 81,900 124,200 22,032 14,773 39,312 98,118 6,500 5,700 13,515 8,742 0 11,000 Assets Liabilities During year 2017 Owner investments6,000 1,400 9,750 Net income (loss) Owner cash withdrawals 10,550 3,500 2,000 5,875 3. Compute the amount of assets for Company C on December 31, 2017. (Enter Losses amount with a minus sign, wherever required.) December 31, 2016 Assets ilities 25,60013,834 11,766 Statement of Owner's Equity Equity,December 31, 2016 Statement of Owner's Equity Equity, December 31, 2016 Equity, December 31, 2017 December 31, 2017 Assets Liabilities+ Equity

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