P2-53. Preparing a Balance Sheet, Computing Net Income, and Understanding Equity Transactions At the beginning of 2015, Barth Company reported the following balance sheet LO1, 5 Assets Liabilities Accounts payable Cash 4,800 $12,000 Accounts receivable. Equipment Land... 14,700 10,000 50,000 Equity Common stock. Retained earnings 47,500 20,000 Total liabilities and equity.. Total assets. $79,500 S79,500 REQUIRED At the end of 2015, Barth Company reported the following Accounts Receivable, $18.400; Equipment, $9,000; Land, $50.000: and Accouns Payable, S7,500. Prepare a year-end balance sheet for Barth. (Hint: Report equity as a single total.) Assuming that Barth did not issue any common stock during the year but paid $12,000 cash in dividends, what was its net income or net kss for 2015? assets and liabilities: Cash. $8 800 a. h. Assuming that Barth issucd an additional S13500 common stock early in the year but paid $21,000 cash in dividends before the end of the year. what was its net income or net loss for 2015? C