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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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