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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: December 31, 2016 Assets

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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: December 31, 2016 Assets Liabilities December 31, 2017 sss,000 $34,000 $24,000 $60,000 $119,000 24,500 21,5009,00040,000 58,000 40,000 85,000 113,000 2 26,500 29,00024,000,000 Liabilities During year 2017 Owner investments Net income (loss) owner cash withdrawals 6,0001,400.750 8,500 3,500 2,000, 875 6,500 28,00014,000 20,000 0 1,000 Required: 1a. What is the amount of equity on December 31, 2016 for Company A Assets |=| Liabilities : +1 Equity

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