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Account Accounts Payable - $ 3 , 6 0 0 Accounts Receivable - 6 , 0 0 0 Cash - 9 6 0 0 Common

Account
Accounts Payable-$3,600
Accounts Receivable-6,000
Cash-9600
Common Stock-12,000-
Dividends-1,200
Land-42,000
Notes Payable-10,800
Operating Expenses-26,400
Retained Earnings-?
Service Revenue-60,000
Supplies-3,600
Unearned Revenue-2,400
What amount should Kuphal, Inc. report on its Year 1 financial statement
Net Income: $
Retained Earnings:
Total Assets: $
Total Liabilities: $
Stockholders' Equity: $

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