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.) Independent Cases A Net Income (Loss) Stockholders Equity B 21,500 89.000 O > Total Total Revenues Expenses $ 148,000 $ 101,000 99,000 99,000 114,500 69,000 100,000 Total Total Assets Liabilities $ 188,000 $ 89,000 150,000 142.000 45,000 41.000 92,000 29,500 (10,500) 96,000 47.000 E