Question 3 Dr. Li's Family Dental has the following trial balance Dr. Li's Family Dental Trial Balance December 31, 2016 Debit Credit $16,000 Cash Accounts receivable 3,000 Supplies Equipment Land Accounts payable Note payable Share capital Retained earnings 14,000 22.000 50,000 $29,000 20,000 10,000 8,000 60,000 Service revenue Salary expense Rent expense Interest expense 15,000 6,000 1,000 $127,000 $127,000 TOTAL 1. Compute the following amounts for Dr. Li's dental practice: Total assets Total liabilities Net income or loss during December Total shareholders' equity