1) What was the net income for the period?

2) What would be the total assets shown on the balance sheet?

3) What would be the total liabilities shown on the balance sheet?

4) What would owners equity be at 12/31/02 as shown on the balance sheet?

The following information is taken from the records of Dum Company and is for the year ending December 31, 2002. $30,000 8,200 112,400 12,200 111,740 16,000 $87,500 Dum, Drawings Dum,Capital,1/1/02 Accounts Recelvable Supplies Travel Expense Mortgage Payable Rent Expense Salary Expense 31,400 Utllitles Expense 6,500 Service Revenue 13,660 Cash 27,000 Bullding 17,200 Accounts Payable 22,000 During the year Mr. Dum invested $10,000 into the business. Use this information to answer the following