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Question - The information is provided in a table for Alpha Company and Bravo Company.

Alpha Company Bravo Company Balance 12/31/15

Assets $60,000

Liabilities $15,000

Equity 43,600 32,000

Balance 12/31/16

Assets 70,000

Liabilities 18,400 20,000

Equity 90,000 50,000

During the Year:

Additional Stock Issued 10,000

Dividends paid to shareholders 3,000 5,000

Revenue 95,000

Expenses 59,000 60,000

What are the amounts for each of the following missing items?

1. Alpha Company's 12/31/15 Liabilities

2. Alpha Company's 12/31/16 Assets

3. Alpha Company's 12/31/16 Additional Stock Issued

4. Bravo Company's 12/31/15 Assets

5. Bravo Company's 12/31/16 Revenues

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