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 Net Income (Loss) Total Liabilities $ 74,000 Stockholders Equity A B Total Total Revenues Expenses $ 118,000 $ 86,000 84,000 84.000 92,000 54,000 85,000 Total Assets $ 158,000 120,000 112,000 14,000 74,000 D 22,000 (8,000) 30,000 26,000 77,000 81,000 32,000 E