The following financial statement information is from five separate companies, Company A Company 8 Company C Company D Company E Problem 1-2A Computing missing Information using accounting knowledge A1 P1 $55,000 24,500 $34,000 21.500 $24,000 9,000 $60,000 40,000 $119,000 2 December 31, 2018 Assets Liabilities. December 31, 2019 Assets Liabilities. During year 2019 Stock Issuances Net Income lass) Cash dividends. 58,000 ? 40,000 26,500 ? 29,000 85.000 24,000 113.000 70,000 6.000 1,400 8.500 3,500 9.750 8,000 5,875 14,000 0 6,500 20,000 11,000 2,000 Check (15) $41,500 Required 1. Answer the following questions about Company A. a. What is the amount of equity on December 31, 2018? b. What is the amount of equity on December 31, 2019? c. What is the amount of liabilities on December 31, 2019? 2. Answer the following questions about Company B. a. What is the amount of equity on December 31, 2018? b. What is the amount of equity on December 31, 2019? c. What is net income for year 2019? 20) $1,600 continued on next page