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Amounts of the assets and liabilities of Mary Burke Realty Company, as of August 31, 2018, are given as follows. Also included are revenue, expense,
Amounts of the assets and liabilities of Mary Burke Realty Company, as of August 31, 2018, are given as follows. Also included are revenue, expense, and selected stockholders' equity figures for the year ended on that date (all amounts in millions): (Click the icon to view the account balances.) (Click the icon to view the balance sheet.) Read the requirements. Requirement 1. Prepare the income statement of Mary Burke Realty Company for the year ended August 31, 2018. (Enter all amounts in millions. If a box is not used in the income statement leave the box empty; do not select a label or enter a zero.) Data Table Mary Burke Realty Company Statement of Retained Earnings Year Ended August 31, 2018 (millions) Revenue: Mary Burke Realty Company Balance Sheet August 31, 2018 (Millions) Liabilities Expenses: Assets Cash $ 57.6 Current liabilities $ 1.9 102.9 Receivables 0.7 Long-term liabilities 77.5 Total liabilities Investment assets 104.8 Property and equipment, net 1.9 Net income (loss) 9.7 Other assets Stockholders' Equity Common stock 39.3 Retained earnings Total stockholders' equity 42.6 $147.4 147.4 Total assets Total liabilities and stockholders' equity Data Table Total revenue $ 77.5 Receivables 1.9 Current liabilities 25.4 Investment assets (long-term) . $ 0.7 Property and equipment, net ... 1.9 Other expenses 39.3 Retained earnings, beginning .. 0.9 Retained earnings, ending 5.1 Common stock 2.3 3.3 Interest expense Salary and other employee expenses .. Choose from any list or enter any number in the input fields and then click Check Answer. 13.1 Cash 57.6 Long-term liabilities 102.9 Other assets (long-term) ..... 9.7 parts remaining
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