Question 4

Presented below are data for Wildhorse Co.

2017 2018

Assets, January 1 $8855 $9717

Liabilities, January 1 4870 ?

Stockholders' Equity, Jan. 1 ? ?

Dividends 1611 1219

Common Stock 1456 1304

Stockholders' Equity, Dec. 31 ? ?

Net Income 1910 1306

Stockholders' Equity at January 1, 2018 is

a)$3985.

b)$4284.

c)$5895.

d)$5740.