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 A Company Company Company B C D Company E $49,000 40,180 $38,220 26,754 $31,360 16,934 $87,220 60,181 $133,770 ? December 31, 2018 Assets Liabilities December 31, 2019 Assets Liabilities During year 2019 Stock issuances Net income (loss) Cash dividends 54,000 2 38,880 26,438 ? 17,728 98,280 47, 174 149,040 117,741 6,000 12,980 3,500 1,400 2 2,000 9.750 6,300 5,875 2 17,067 0 6.500 9,045 11,000 Problem 1-2A Part 1 Required: 1a. What is the amount of equity on December 31, 2018 for Company A. Answer is complete and correct. + Assets $ 49,000 Liabilities $ 40.180 Equity 8,820 + $ 1 Required information 1b. What is the amount of equity on December 31, 2019 for Company A. Answer is complete but not entirely correct. Statement of Shareholder's Equity Equity, December 31, 2018 $ 8,820 Add: Stock issuances 6,000 Add: Net income 12,980 27,800 Less: Cash dividends 3,500 Equity, December 31, 2019 $ 23,850 1c. What is the amount of liabilities on December 31, 2019 for Company A. Answer is not complete. Assets Liabilities Equity 4 2 3 6 +