mudy Mode: Chapters 1 & 2 Assignment (6Qs) 2 Problem 1-7A Missing information LO7 The following financial statement information is known about five unrelated companies: ts Kipped Company A Company B Company Company D Company E $107,000 46,500 $122,eee 53,500 $ 75,000 36,500 $168,500 93,080 $263,800 2 Book December 31, 2019: Assets Liabilities December 31, 2020: Assets Liabilities During 2020: Owner investments Profit (loss) Owner withdrawals 113,000 ? Tint 99,000 63,500 ? 46,500 267,000 136,500 242,800 158,500 ences 27,000 (24,500) 6,700 36,000 ? 7,700 24,099 19,700 18,300 ? 32,500 -- 10,700 37,700 19,700 Required: 1. Answer the following questions about Company A: a. What was the equity on December 31, 2019? Equity $ 60,500