Answer the following true/false questions, then select the corresponding multiple choice answer: _____ Every accounting transactions affects both the balance sheet and the income statement. ________ Every economic event requires a journal entry. _________ The equality of debits and credits in a trial balance ensues that all journal entries were correctly posted to the accounts. A. True, True, True B. True, True, False C. True, False, True D. False, True, False E. False, False, False Tom Cole was reviewing his business activities at the end of the year (2017) and was analyzing his financial statements. A the beginning of the year his assets were $500,000 and liabilities were $150,000. During 2014 he made an additional investment into the company of $50,00. The net income for the year was $220,000 and dividends of $120,000 were paid. Determine the ending Stockholder's Equity as of December 31, 2017. A. $100,000 B. $450,000 C. $620,000 D. $500 000