E1-8 Inferring Values Using the income Statement and Balance Sheet Equations (LO 1-2] Review the chapter explanations of the income statement and the balance sheet equations. Apply these equations in each of the following independent cases to compute the two missing amounts for each case. Assume that it is the end of the first full year of operations for the company. (Loss amounts should be indicated with a minus sign.) Net Income (Loss) Stockholders Equity Independent Cases B Total Total Revenues Expenses $ 150,000 $ 102,000 100,000 100,000 116,000 70,000 101,000 22,000 90.000 Total Total Assets Liabilities $ 190,000 $ 90,000 152,000 144,000 46,000 42.000 93,000 D E 30,000 (11,000) | 97,000 48,000