Review the chapter explanations of the income statement and the balance sheet equations. Apply these equations in each of thefollowing 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.)

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.) Total Net Income (Loss) Stockholders Equity Independent Cases B Total Total Revenues Expenses $ 138,000 $ 96,000 94,000 94,000 107.000 64,000 95,000 19.000 Total Assets Liabilities $ 178,000 $ 84 000 140,000 132,000 40.000 36.000 87.000 84,000 D E 27,000 (8.000) 91,000 42000