[The following information applies to the questions displayed below.] The following financial statement information is from five separate companies: Company A Company B Company C Company D Company E December 31, 2016 Assets $ 55,000 $ 34,000 $ 24,000 $ 60,000 $ 119,000 Liabilities 24,500 21,500 9,000 40,000 ? December 31, 2017 Assets 58,000 40,000 ? 85,000 113,000 Liabilities ? 26,500 29,000 24,000 70,000 During year 2017 Stock issuances 6,000 1,400 9,750 ? 6,500 Net income (loss) 8,500 ? 8,000 14,000 20,000 Cash dividends 3,500 2,000 5,875 0 11,000 Required: 1a. What is the amount of equity on December 31, 2016 for Company A. Assets = Liabilities + Equity = + 1b. What is the amount of equity on December 31, 2017 for Company A