The following amounts (in thousands) were taken from the December 31 statements of financial position of Komalpreet Foods Inc. 2015 Total sets 2,630,865 $2,878,490 Total liabilities 577 731 631,994

(a) How much is Foods shareholders equity at December 31 1, 2015 and 20142

(b) Write Komalpreet Foods' accounting equation for each year

(c)Calculate the change in total shareholders' equity for the year ended December 31 2015

(D)Assume that Komal Foods had the following changes to its shareholders equity in 2015

Dividends declared of \$(44.668) thousand and other shareholders' equity items of \$(188,274) thousand How much net income did report in 2015