Fill in the blanks in the following financial statements. Assume the company started operations January 1, 2013, and all transactions involve cash

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For the Years 2013 2014 2015 Income Statements Revenue Expense Net income S 400 500 800 (250) )(425) $ (a) S 100 S 375 Statement of Changes in Stockholders' Equity S (m) 1,100 9,100 25 100 50) 25 (n) $9,175 Beginning common stock Plus: Common stock issued S 9,100 310 S8,000 Ending common stock Beginning retained earnings Plus: Net income Less: Dividends 75 375 150) 300 $ (t) continued Ending retained earnings Total stockholders' equity s (el Balance Sheets Assets S (f) (o) (u) 2,500 S10,550 Cash Land Total assets Liabilities Stockholders' equity $11,000 11,650 Common stock Retained earnings 75 9,175 11,650 9,410 300 9,710 $10,550 Total stockholders equity Total liabilities and stockholders' equity 8,025 $11,000 Statements of Cash Flows Cash flows from operating activities 500 (k)(400) 100 G Cash receipts from customers Cash payments for expenses $ (v) (w) 375 Net cash flows from operating activities Cash flows from investing activities 150 Cash payments for land Cash receipt from sale of land (5,000) 2,500 2,500 Net cash flows from investing activities Cash flows from financing activities 0(5,000) Cash receipts from borrowed funds Cash payments to reduce debt Cash receipts from stock issue Cash payments for dividends 2,975 (500) 1,100 (50) 8,000 Net cash flows from financing activities Net change in cash Plus: Beginning cash balance Ending cash balance 10,850 5501,475 1,400 6,650 $8,050 (4,350) 11,000 11,000 $11,000