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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 Company B Company
Required information [The following information applies to the questions displayed below.) The following financial statement information is from five separate companies: Company Company B Company Company D Company E $125,580 $46,000 37,720 $35,880 25, 116 $29,440 15,897 $81,880 56,497 49,000 December 31, 2016 Assets Liabilities December 31, 2017 Assets Liabilities During year 2017 Stock issuances Net income (loss) Cash dividends 35,280 23,990 ? 16,086 89, 180 42,806 135, 240 106,839 1,400 6,000 11,270 3,500 9,750 (674) 5,875 ? 13,991 6,500 7,785 11,000 2,000 2a. What is the amount of equity on December 31, 2016 for Company B. Assets Liabilities + Equity + ces 2b. What is the amount of equity on December 31, 2017 for Company B. Assets Liabilities + Equity 2c. What is net income for year 2017 for Company B. Statement of Shareholder's Equity Equity, December 31, 2016 7 nces Equity, December 31, 2017
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