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What is the equity for December 31, 2016? Add: Net Income: $7,382 Add: Stock Issuances: $6,500 Less: Cash Dividends: $11,000 December 31, 2017: Assets: $102,120.

What is the equity for December 31, 2016?

Add: Net Income: $7,382

Add: Stock Issuances: $6,500

Less: Cash Dividends: $11,000

December 31, 2017: Assets: $102,120. Liabilities: $80,674.

Equity: December 31, 2017: $21,446

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