2016-09-08 Liabilities + Equity $ + 0 2c. What is net income for year 2019 for Company B. Statement of Shareholder's Equity Equity, December 31, 2018 The following information applies to the questions displayed below) The following financial statement information is from five separate companies. Company Company Company Company Company B C D E December 31, 2018 Assets $32,000 $24.960 $20,480 $56.960 $ 87,360 Liabilities 26.240 17472 11,059 39,302 December 31, 2019 Assets 37000 26,640 ? 67,340 102120 Liabilities ? 18,115 12,147 32,323 80,674 During year 2019 Stock issuances 6,000 1,400 9750 9 6,500 Net Income foss 8,390 ? 6.900 10,359 8474 Cash dividends 3,500 2.000 5,875 0 11,000 0 Equity, December 31, 2019 Award: 20.00 points References 2. What is the amount of equity on December 31, 2018 for Company B. Worksheet Assets Liabilities Equity $ Learning Objective: 01-A1 Define and interpret the accounting equation and each of its components 0 Difficulty: 2 Medium Leaming Objective: 01-P1 Analyze business transactions using the accounting equation 2b. What is the amount of equity on December 31, 2019 for Company B