E1-8 Inferring Values Using the Income Statement and Balance Sheet Equation Review the chapter explanations of the income statement and the balance sheet equations. Apply the following independent cases to compute the two missing amounts for each case. Assume that it is the operations for the company. (Loss amounts should be indicated with a minus sign.) Independent Cases A Net Income (Loss) Stockholders Equity B Total Total Revenues Expenses $ 124,000 $ 89,000 87,000 87,000 96,500 57,000 88,000 15,500 Total Total Assets Liabilities $ 164,000 $ 77,000 126,000 118,000 33,000 29,000 80,000 77,000 D 23,500 (9,500) E 84,000 35,000