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I need help please! I do not know how to find the net income for year 2017 for Company B. Your answer will be liked

I need help please! I do not know how to find the net income for year 2017 for Company B. Your answer will be liked immediately as well. image text in transcribed
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The following financial statement information is from five separate companies: Company Company Company Company A B D Company E $55,000 $34,000 $24,000 $60,000 $119,000 24,500 21,500 9,000 40,000 ? December 31, 2016 Assets Liabilities December 31, 2017 Assets Liabilities During year 2017 Stock issuances Net income (loss) Cash dividends 58,000 ? 40,000 26,500 ? 29,000 85,000 24,000 113,000 70,000 6,000 8,500 3,500 1,400 ? 2,000 9,750 8,000 5,875 14,000 6,500 20,000 11,000 2c. What is net income for year 2017 for Company B. Statement of Shareholder's Equity Equity, December 31, 2016 $ Add: Net income 12,500 Add: Stock issuances 1,400 13,900 Less: Cash dividends 2,000 Equity, December 31, 2017 $ 13,500

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