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What were assets at January

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Question - At January 1, 2018, Beckett, Inc. reported $996 in liabilities. For the year ended December 31, 2018, Beckett reported revenues of $980, expenses of $924, and dividends of $36. During the year, the firm issued $90 in common stock. There were no other items affecting equity. Assets at December 31, 2018 were $2,174 and liabilities increased during the year by $24. What were assets at January 1, 2018?

a. $2,040

b. $2,060

c. $2,130

d. $2,308

e. $2,260

Reference no: EM132598158

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