15. Presented below is a statement of financial position for Jim Henson Yard Service at December 31, 2014. JIM HENSON YARD SERVICE Statement of Financial Position December 31, 2014 Assets Equity and Liabilities Equipment 11.000 Equity Supplies 9,000 Share capital-ordinary 16,000 Accounts receivable 6.000 Liabilities Cash 13,000 Accounts payable 8.000 Notes payable 15.000 Total assets 39,000 Total equity & liabilities 39.000 The following additional data are available for the year which began on January 1: All expenses (excluding supplies expense) total 6,000. Supplies on January 1 were 11,000 and 5,000 of supplies were purchased during the year. Net income for the year was 8,000 and dividends paid were 5,000. Instructions Determine the following: (Show all computations.) 1. Supplies used during the year. 2. Total expenses for the year. 3. Service revenues for the year. 4. Equity on January 1