What is the amount of equity on december

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Question - The following financial statement information is from five separate companies:

Company A Company B Company C Company D Company E

December 31, 2010

Assets $48,000 $37,440 $30,720 $85,440 $131,040

Liabilities 39,360 26,208 16,588 58,953 ?

December 31, 2011

Assets 51,000 36,720 ? 92,820 140,760

Liabilities ? 24,969 16,743 44,553 111,200

During year 2011

Stock issuances 6,000 1,400 9,750 ? 6,500

Net income (loss) 11,810 ? -580 14,780 7,852

Cash dividends 3,500 2,000 5,875 0 11,000

Required -

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?

Reference no: EM131818893

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