The following financial statement information is from five separate companies:

Required
1. Answer the following questions about Company A:
a. What is the amount of equity on December 31, 2010?
b. What is the amount of equity on December 31, 2011?
c. What is the amount of liabilities on December 31, 2011?
2. Answer the following questions about Company B:
a. What is the amount of equity on December 31, 2010?
b. What is the amount of equity on December 31, 2011?
c. What is net income for year 2011?
3. Calculate the amount of assets for Company C on December 31, 2011.
4. Calculate the amount of owner investments for Company D during year 2011.
5. Calculate the amount of liabilities for Company E on December 31,2010.

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Company Company Company Company Company December 31.2010 Assets Liabilities. $45,000 $35,000 $29,000 $80,000 $123,000 23,500 22,500 14,000 38,000 December 31.201 48,000 Assets Liabilities. . . 41,000 27,500 25,000 64,000 112,500 75,000 19,000 During year 2011 Owner investments Net income (loss)7,500 Owner cash withdrawals.. 7,750 9,000 3,875 4,500 18,000 9,000 5,000 1,500 12,000 2.500 3,000