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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 B
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[The following information applies to the questions displayed below.] The following financial statement information is from five separate companies:
Company A | Company B | Company C | Company D | Company E | |||||||||||
December 31, 2016 | |||||||||||||||
Assets | $ | 30,000 | $ | 23,400 | $ | 19,200 | $ | 53,400 | $ | 81,900 | |||||
Liabilities | 24,600 | 16,379 | 10,368 | 36,846 | ? | ||||||||||
December 31, 2017 | |||||||||||||||
Assets | 33,000 | 23,760 | ? | 60,060 | 91,080 | ||||||||||
Liabilities | ? | 16,156 | 10,833 | 28,828 | 71,953 | ||||||||||
During year 2017 | |||||||||||||||
Stock issuances | 6,000 | 1,400 | 9,750 | ? | 6,500 | ||||||||||
Net income (loss) | 6,950 | ? | (1,430 | ) | 7,678 | 7,247 | |||||||||
Cash dividends | 3,500 | 2,000 | 5,875 | 0 | 11,000 | ||||||||||
3. Compute the amount of assets for Company C on December 31, 2017. (Enter Losses amount with a minus sign, wherever required.)
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