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ms Presented below is selected information related to Flanagan Group plc at December 31, 2017. Flanagan reports financial information monthly. Equipment Cash Service Revenue


ms Presented below is selected information related to Flanagan Group plc at December 31, 2017. Flanagan reports financial information monthly. Equipment Cash Service Revenue Rent Expense Accounts Payable 10,000 8,000 36,000 11,000 2,000 Utilities Expense Accounts Receivable Salaries and Wages Expense Notes Payable Dividends (a) Determine the total assets of Flanagan at December 31, 2017. (b) Determine the net income that Flanagan reported for December 2017. (c) Determine the equity of Flanagan at December 31, 2017. 4,000 9,000 7,000 16,500 5,000

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