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. (Loss amounts should be indicated with a minus sign.) TIP: First identify the numerical relations among the columns using the balance sheet and income statement equations. Then compute the missing amounts Independent Cases A Total Revenues 5 110.000 Total Net Income Total Total Expenses (Loss) Assets Liabilities 2,000 20.000 150.000 5 70.000 30.000 12.000 112 000 86.000 104000 26.000 20,000 22.00 81,000 (6.000) 73.000 Stockholders Equity 80,000 70.000 D E 80.000 60,000 77.000 28,000