The following financial statement information is from five separate companies December 31, 2018 Assets Liabilities December 31, 2019 Assets Liabilities Company Company Company Company Company B C D E $ 55,000 $34,000 $24,000 $ 60,000 $119,000 40,000 9,000 24,500 21,500 ? 58,000 40,000 ? 85,000 113,000 ? 28,500 29,000 24,000 70,000 During year 2019 Owner investments 6,000 1,400 9,750 ? 6,500 Net income (loss) 8,500 ? 8,000 14,000 20,000 Owner cash withdrawals 3,500 2,000 5,875 0 11,000 Required: 1. Answer the following questions about Company A (20 points) a. What is the amount of equity at the beginning of the year?. b. What is the amount of equity at the end of the year? c. What is the amount of liability at the end of the year? 2. Answer the following questions about Company B (20 points) a. What is the amount of equity at the beginning of the year?. b. What is the amount of equity at the end of the year? c. What is the net income for the year? 3. Compute the amount of assets for Company C at the end of the year. (20 points) 4. Compute the amount of owner investments for Company D during the year. (20 points) 5. Compute the amount of liabilities for Company E at the beginning of the year. (20 points) Lumont to submit your answers or create an excel spreadsheet.