Question 7

The information is provided in a table for Alpha Company and Bravo Company.

	Alpha Company	Bravo Company
Balance 12/31/15
Assets	$165,000
Liabilities		$117,000
Equity	140,000	155,000
Balance 12/31/16
Assets		295,000
Liabilities	126,000	125,000
Equity	180,000	170,000
During the Year:
Additional Stock Issued		10,000
Dividends paid to shareholders	10,000	5,000
Revenue	125,000
Expenses	90,000	175,000

What are the amounts for each of the following missing items?

1. Alpha Company's 12/31/15 Liabilities

2. Alpha Company's 12/31/16 Assets

3. Alpha Company's 12/31/16 Dividends paid to sharholders

4. Bravo Company's 12/31/15 Assets

5. Bravo Company's 12/31/16 Revenues