10.2 pts. On June 1, the cash account balance was $96,750. During June, cash receipts totaled $305,000 and the June 30 balance was $75,880. Determine the cash payments made during June. 11.2 pts. Given the following data: Dec. 31. Year 2 Total liabilities $128,250 Total stockholders' equity 95,000 Dec. 31. Year 1 $120,000 80,000 Compute the ratio of liabilities to stockholders' equity for each year. Round your answer to two decimal places. Page The accountant for Scott Industries prepared the following list of account balances from the company's records for year ended December 31. Use this information to answer the question that follows. Fees earned $165,000 Cash $30,000 Accounts receivable 16,000 Selling expenses 44,000 Equipment 64,000 Common stock 47,000 Accounts payable 12,000 Interest revenue 3,000 Salaries & wages expense 40,000 Income taxes expense 18,000 Income taxes payable 5,000 Rent expense 20,000 3. 2 pts. a. Determine the amount of Total Assets at the end of the current year for Scott Industries. b. Determine the amount of Net Income earned during the year