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, 2012?
b. What is the amount of equity on December 31, 2013?
c. What is the amount of liabilities on December 31, 2013?
2. Answer the following questions about Company B:
a. What is the amount of equity on December 31, 2012?
b. What is the amount of equity on December 31, 2013?
c. What is net income for year 2013?
3. Calculate the amount of assets for Company C on December 31, 2013.
4. Calculate the amount of owner investments for Company D during year 2013.
5. Calculate the amount of liabilities for Company E on December 31,2012.

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Company Company Company Company Company December 31,2012 $34,000 21,500 $24,000 9,000 Assets. $60,000 19,000 $55,000 24,500 Liabilities 40,000 December 3,2013 13,000 70,000 Assets 58,000 40,000 26,500 85,000 Liabilities 29,000 24,000 During year 2013 1,400 Owner investments Net income (loss) Owner cash withdrawals 6,000 8,500 3,500 9,750 8,000 5,875 6,500 20,000 11,000 14,000 2,000