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35. Use the following information to calculate for the year ended Deceniber 31, 2020 C8 points) 1. net income (net loss) = 2. ending retained

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35. Use the following information to calculate for the year ended Deceniber 31, 2020 C8 points) 1. net income (net loss) = 2. ending retained earnings 3. total assets. Service revenue $19,000 Cash 15,000 Dividends 6,000 Supplies $ 1,500 Other operating expenses 10,000 Accounts payable 11,000 Accounts receivable 4,000 Common stock 10,000 Retained earnings (beginning) 5,000 Notes payable 1,000 Equipment 9,500

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