The following financial statement information is from five separate companies:








Company
A
Company
B
Company
C
Company
D
Company
E


December 31, 2014

















Assets
$
55,000

$
34,000

$
24,000

$
60,000

$
119,000



Liabilities

24,500


21,500


9,000


40,000


?



December 31, 2015

















Assets

58,000


40,000


?


85,000


113,000



Liabilities

?


26,500


29,000


24,000


70,000



During year 2015

















Stock issuances

6,000


1,400


9,750


?


6,500



Net income (loss)

8,500


?


8,000


14,000


20,000



Cash dividends

3,500


2,000


5,875


0


11,000






1a.
What is the amount of equity on December 31, 2014 for Company A?




1b.
What is the amount of equity on December 31, 2015 for Company A?




1-c.
What is the amount of liabilities on December 31, 2015 for Company A?




I don't know how to do this. How am I supposed to know the equity without assets and liabilities together?

Assets = Liability + Owner's Funding/Stock Investors

(Last Year's Equity + Stock Investment + Net Income) - Owner Draws/Dividends = This Year's Equity

Should be able to calculate any of the missing information on the chart.