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Need help for 1b and 1c ny calculations were way off :( Company Company Company Company A B D Company E $55,000 $34,000 $24,000 $60,000

Need help for 1b and 1c ny calculations were way off :( image text in transcribed
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Company Company Company Company A B D Company E $55,000 $34,000 $24,000 $60,000 24,500 21,500 9,000 40,000 $119,000 ? 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 0 6,500 20,000 11,000 Required: 1a. What is the amount of equity on December 31, 2016 for Cormpany A. + Assets 55,000 Liabilities $ 24,500 Equity 30,500 $ + $ 1b. What is the amount of equity on December 31, 2017 for Company A. Statement of Shareholder's Equity Equity, December 31, 2016 0 Equity, December 31, 2017 1c. What is the amount of liabilities on December 31, 2017 for Company A. Assets Liabilities Equity Il $ $ 0 +

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