Question: Part (II) 8 points 1) Presented below are data for XYZ Corp. 2011 2012 Assets, January 1 $2,800 $3,360 Liabilities, January 1 ? ? Shareholders'

Part (II) 8 points 1) Presented below are data for XYZ

Part (II) 8 points 1) Presented below are data for XYZ Corp. 2011 2012 Assets, January 1 $2,800 $3,360 Liabilities, January 1 ? ? Shareholders' Equity, Jan. 1 ? ? Dividends 560 420 Increase in Share capital-ordinary 504 448 ? ? Shareholders' Equity, Dec. 31 Net Income 560 448 Liabilities at Jan., 1, 2012 is: (S...................) 2013 ? $2,016 2,100 476 500 1,596

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