CE E1-7A. The Accounting Equation Determine the missing amount in each of the following cases: Liabilities the Stockholders' Equity uity People Assets $175,000 ? $115,000 $62,000 $47,000 ? ? $31,000 $49,000 P1-4A. Statement of Stockholders' Equity and Balance Sheet The following is balance sheet information for Lynch Janitorial Service, Inc., at the end of 2016 and 2015: LO! December 31, 2015 Accounts payable... Cash... Accounts receivable. A Land Building, net Equipment, net. Mortgage payable A Supplies S Common stock. Dividends... Retained earnings December 31, 2016 $ 6,000 25,000 39,000 46,000 250,000 44,000 93,000 18,000 225.000 12,000 $ 9,000 22,000 31,000 46,000 260,000 46,000 103,000 16,000 225.000 0 ? ? a. Required Prepare a balance sheet as of December 31 of each year. b. Prepare a statement of stockholders' equity for 2016. (Hint: The increase in retained earnings is equal to the net income less the dividend.)