Required information Problem 1-2A (Algo) Computing missing information using accounting knowledge LO A1 [The following information applies to the questions displayed below.] The following financial statement information is from five separate companies. Company A Company B Beginning of year Assets Assets Liabilities End of year Liabilities $ 40,000 32,800 $ 31,200 21,840 Company C $ 25,600 13,824 Company D Company E $ 71,200 49,127 $ 109,200 ? 45,000 32,400 ? 81,900 124,200 ? 22,032 14,773 39,312 98,118 Changes during the year Stock issuances 6,000 1,400 9,750 ? 6,500 Net income (loss) 10,550 ? 7,100 13,515 8,742 Cash dividends 3,500 2,000 5,875 0 11,000 Compute the amount of assets for Company C at the end of the year. Beginning of Year Assets Equity, beginning of year Equity, end of year End of Year Assets $ = Liabilities + = + + Equity $ Liabilities Equity 0 = + Compute the amount of stock issuances for Company D during the year. Beginning of Year Assets End of Year Assets Equity, beginning of year Less: Cash dividends Equity, end of year = Liabilities + Equity = + $ 0 I Liabilities + Equity + $ 0 0 0 Compute the amount of liabilities for Company E at the beginning of the year. End of Year Assets = Liabilities + Equity = + $ Equity, beginning of year Equity, end of year Beginning of Year Assets = = $ Liabilities Equity 0 +