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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 Company Company
Required information [The following information applies to the questions displayed below.) The following financial statement information is from five separate companies: Company Company Company Company Company D $119,000 $55,000 24,500 $34,000 21,500 $24,000 9,000 $60,000 40,000 December 31, 2016 Assets Liabilities December 31, 2017 Assets Liabilities During year 2017 Stock issuances Net income (loss) Cash dividends. 58,000 ? 40,000 26,500 2 29,000 85,000 24,000 113,000 70,000 6,000 8,500 3,500 1,400 ? 2,000 9,750 8,000 5,875 14,000 0 6,500 20,000 11,000 5. Compute the amount of liabilities for Company E on December 31, 2016. December 31, 2017 Assets = $119.000 = 1 Liabilities - + Equity 119.000 $
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