1. The following information for the month of May is available from Bear Corporation's accounting system: Beginning balance of accounts receivable Cash sales Sales on account Ending balance of accounts receivable Cash collected from accounts receivable $10,000 92,000 123,000 15,000 ? 2. The following information for the month of June is available from Simon Co.'s accounting system: Beginning balance of accounts payable $ Purchases on account during the month Cash paid on accounts payable during the month Ending balance of accounts payable 1 Returned merchandise purchased on account for full credit 2 102,000 92,000 38,000 4,000 3. Red Snapper Catchers, Inc. had the following income and dividends during the first five years of operations. Calculate the balance of retained earnings at the end of each year, Year 1 Retained Earnings Net Income(Loss) 23,100 22,400 (6,000) 18,000 37,000 Dividends 2,000 3,200 1,200 3,600 15,000 ? UWN ? ? ? 4.. Increase in stockholders' equity - $20,000; Issuance of common stock - $12,000; Dividends - $5,000; Net income