A company has declared and paid dividends. On which financial statement is the amount presented? Both the income statement and the balance sheet. The equity statement only. The balaince sheet only. Both the equity statement and the balance sheet. Able Corp made the following transactions in May: Bought $300 of inventory for cash. Sold $100 of inventory for $250 cash. Sold $150 of inventory for $350 on account. Collected $150 of accounts receivable. What are total revenues for May