Preparing a Balance Sheet, Computing Net Income, and Understanding Equity Transactions At the beginning of 2015, Barth Company reported the following balance sheet. Assets Liabilities Cash $1,200 Accounts Payable $3,000 Accounts Receivable 3,675 Equity Equipment 2,500 Common Stock 11,875 Land 12,500 Retained Earnings 5,000 Total Assets $19,875 Total Liabilities and Equity $19,875 Required a. At the end of 2015, Barth Company reported the following assets and liabilities: Cash, $2,200; Accounts Receivable, $4,600; Equipment, $2,250; Land, $12,500; and Accounts Payable, $1,875. Prepare a year-end balance sheet for Barth. (Hint: Report equity as a single total.) BARTH COMPANY Balance Sheet December 31, 2015 Assets Liabilities Answer Cash Answer 2200 Answer Accounts Payable Answer 1875 Answer Accounts Receivable Answer 4600 Equipment Answer 2250 Equity Land Answer 12500 Answer Stockholders' Equity Answer 19675 Answer Total Assets Answer 21550 Answer Total Liabilities and Equity Answer 21550 Assuming that Barth did not issue any common stock during the year but paid $3,000 cash in dividends, what was its net income or net loss for 2015? $Answer 5800 c. Assuming that Barth issued an additional $3,375 common stock early in the year but paid $5,250 cash in dividends before the end of the year, what was its net income or net loss for 2015