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! Required information [The following information applies to the questions displayed below.] The following financial statement information is from five separate companies: Company A Company
! Required information [The following information applies to the questions displayed below.] The following financial statement information is from five separate companies: Company A Company B Company Company D Company E $ 42,000 34,440 $32,760 22,932 $26,880 14,515 $74,760 51,584 $ 114,660 ? December 31, 2016 Assets Liabilities December 31, 2017 Assets Liabilities During year 2017 Stock issuances Net income (loss) Cash dividends 45,000 ? 32,400 22,032 ? 14,773 81,900 39,312 124, 200 98,118 6,000 10,190 3,500 1,400 ? 2,000 9,750 (863) 5,875 ? 12,412 0 6,500 7,650 11,000 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 $ 45,000 II 45,000 + 2c. What is net income for year 2017 for Company B. Statement of Shareholder's Equity Equity, December 31, 2016 Equity, December 31, 2017
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