Qu question) Show calculations for partial credit and make sure you how any sumptions you Question 2 6 pts Assume at the end of Year 7 (December 31), Z Company reports Total Liabilities of $80,000 Common Stock at the end of the your (December 31) is $50,000. Retained Earnings at the beginning of Year 7 (January 1) are $60,000 and a Net Loss (rather than Net income) of $20 000 was reported for Year 7 No Dividends were paid during the year. What is the amount of Total Assets at the end of the year (December 311? Edit View Insert Format Tools Table 12pt Paragraph B I # Common Stock (December 31) $50000 Liabilities $80000 Retained Earnings $60000 Net Loss $20000 Net Income Total Assets $170000