Natal Co. was organized on April 1, 2017. The company prepares quarterly financial statements. The adjusted trial balance amounts at June 30 are shown below.

(a) Determine the net income for the quarter April 1 to June 30.
(b) Determine the total assets and total liabilities at June 30, 2017, for Natal Co.
(c) Determine the amount that appears for Retained Earnings at June 30, 2017.

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Debit Credit R$ 5,190 480 Accumulated Depreciation- Cash Accounts Receivable Prepaid Rent Supplies Equipment Dividends Salaries and Wages Expense Rent Expense Depreciation Expense Supplies Expense Utilities Expense Interest Expense R$ 700 4,000 790 300 Equipment 720 Notes Payable 920 Accounts Payable 12,000 Salaries and Wages Payable 500 Interest Payable 7,400 1,200 Unearned Rent Revenue Share Capital-Ordinary 400 11,200 11,360 700 Service Revenue 160 Rent Revenue 380 R$29,690 40 R$29,690