The following information has been extracted from the financial statements of a company. Use it to answer the 7 questions that follow it. When answering the questions (filling in the blanks), DO NOT use dollar signs, USE commas to separate thousands, DO NOT use parenthesis to denote negative numbers, USE the negative sign and place it in front of first digit of your answer when your answer is a negative number. Round to the nearest dollar. Total Current Assets in 2016$22,000 Total Liabilities+ Stockholders Equity in 2016 = $80,000 Total Long Term Liabilities in 2016 = $20,000 Net Income in 2016 = $8,000 Dividends in 2016 = $2,000 Retained earnings in Balance Sheet 2015 $7,000 Common Stock in 2015$25,000 There is no other items in the stock owners section in the balance sheets of 2015 and 2016. There is no issuance of equity in 2016 1. What is the amount for Total Assets in 2016? ab 2, what is amount for Long-Term Assets in 2016? s 3, what is the change in retained earnings for 2016? 4, what is the amount for Retained Earnings in the Balance Sheet in 2016? 5. what is the amount for Common Stock in the Balance Sheet in 2016? 6. What is the amount for Stockholders Equity in 2016? abs 7. What is the amount for Current Liabilities in 2016? avr