Required information (The following information applies to the questions displayed below.) The following financial statement...
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Required information (The following information applies to the questions displayed below.) The following financial statement information is from five separate companies. Company A Company B Company C Company D Company E $ 39,000 31,980 $ 30,420 21, 294 $ 24,960 13,478 $ 69,420 47,899 $ 106, 470 2 Beginning of year Assets Liabilities End of year Assets 10 Liabilities Changes during the year Stock issuances Net income (loss) Cash dividends 44,000 ? 31,680 21,542 ? 14,445 80,080 38,438 121,440 95,937 6,000 10, 280 3,500 1,400 ? 2,000 9,750 8,000 5,875 2 13,121 0 6,500 8,709 11,000 2a. What is the amount of equity at the beginning of the year for Company B? 2b. What is the amount of equity at the end of the year for Company B? 2c. Compute the net income of the year for Company B. Complete this question by entering your answers in the tabs below. Required 2A Required 2B Required 2C Compute the net income of the year for Company B. $ 9,126 Equity, beginning of year Add: Stock issuances Add: Net income 1,400 10,526 Less: Cash dividends 2,000 10,138 Equity, end of year $
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