14 Links between financial statements 102, 3, 4 Below are incomplete financial statements for Jasmine: Balance sheet Assets $ 8000 22000 $70000 $ 7000 Cash Inventory Total assets Liabilities Accounts payable Equity Contributed capital Retained earnings Total liabilities & equity Income statement Service revenue Salaries expense Electricity expense Profit $70 000 $90 000 20000 $20000 Statement of retained earnings Retained earnings, beginning balance Profit Dividends Retained earnings, ending balance Ver 10000 $60000 REQUIRED Calculate the missing amounts (not necessarily in alphabetic order)