Use the following information to calculate for the year ended December 31, 2022

(a) net income,

(b) ending retained earnings, and

(c) total assets.

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Supplies $ 3,000 Operating expenses 12,000 Revenues Cash $25,000 15,000 Accounts payable 9,000 Dividends 1,000 Accounts receivable 3,000 Notes payable 1,000 Beginning retained earnings 5,000 Equipment 6,000