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Required information [The following information applies to the questions displayed below.] The following financial statement

Required: a. What is the amount of equity on December 31, 2016 for Company A Assets Equity Liabilities $47,000 $ 38,540 $ 8,4

1c. What is the amount of liabilities on December 31, 2017 for Company A. Assets Liabilities Equity + (580) $ $ 50,580 $ 50,0

I got 1a correct but I am having hard time with the other parts of question

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Answer #1

/-b Equity, December 31, 2016 $8460 Aeld Net Income S40 Adld StocK (ssuance $26000 Leu Dividends 3,500 EquityDecember 31,201F

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