I need some help
The following financial statement information is from five separate companies.
Company
A Company
B Company
C Company
D Company
E
December 31, 2009
Assets $ 55,000 $ 34,000 $ 24,000 $ 60,000 $ 119,000
Liabilities 24,500 21,500 9,000 40,000 ?
December 31, 2010
Assets 58,000 40,000 ? 85,000 113,000
Liabilities ? 26,500 29,000 24,000 70,000
During year 2010
Owner Investments 6,000 1,400 9,750 ? 6,500
Net Income 8,500 ? 8,000 14,000 20,000
Owner cash withdrawals 3,500 2,000 5,875 0 11,000
For company b
(a) What is the amount of equity on December 31, 2009? 12,500
(b) What is the amount of equity on December 31, 2010? 13.500
(c) What is net income for year 2010??
I'm not sure how to find this can someone help?