Review the chapter explanations of the income statement and the balance sheet equations. Apply these equations in each of the following independent cases to compute the two missing amounts for each case. Assume that it is the end of the first full year of operations for the company. TIP: First identify the numerical relationships among the columns using the balance sheet and income statement equations. Then compute the missing amounts. (Losses should be indicated by a minus sign.) Independent Cases Shareholders Equity A B Total Total Net Income Revenues Expenses (Loss) $ 118,000 $94.400 81.500 14,800 109,500 123,500 53,500 13,800 87.000 (5.300) Total Total Assets Liabilities $ 212.000 $ 74,000 178.000 132,000 33.400 31.400 104,000 70,000 mo D E 109,500 42.500