Required information Problem 1-2A Computing missing information using accounting knowledge LO A1, P1 [The following information applies to the questions displayed below.) The following financial statement information is from five separate companies: Company Company Company Company A B D Company E December 31, 2016 Assets Liabilities December 31, 2017 Assets Liabilities During year 2017 Stock issuances Net income (loss) Cash dividends $55,000 $34,000 $24,000 $60,000 $119,000 24,500 21,500 9,000 40,000 2 58,000 40,000 2 85,000 113,000 2 26,500 29,000 24,000 70,000 6,000 8,500 3,500 1,400 2 2,000 9,750 8,000 5,875 2 14,000 0 6,500 20,000 11,000 Problem 1-2A Part 5 5. Compute the amount of liabilities for Company E on December 31, 2016. December 31, 2017 Assets Liabilities Equity = Statement of Shareholder's Equity Equity, December 31, 2016 Equity, December 31, 2017 Statement of Shareholder's Equity Equity, December 31, 2016 Add: Net income Add: Stock issuances Less: Cash dividends Less: Net loss