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Assets $ 19,075 Liabilities 14,125 Shareholders' Equity 4,950 Revenue 10,750 Expenses 9,325 Net income 1,425 Dividends 550 Beginning Retained Earnings 3,925 Ending Retained Earnings 4,800

Assets $ 19,075
Liabilities 14,125
Shareholders' Equity 4,950
Revenue 10,750
Expenses 9,325
Net income 1,425
Dividends 550
Beginning Retained Earnings 3,925
Ending Retained Earnings 4,800
Cash Flows from Operating Activities 1,750
Cash Flows from Investing Activities (1,075 )
Cash Flows from Financing Activities (1,000 )
Beginning Cash 1,200
Ending Cash 875

Show that the balance sheet is in balance.

Show that net income is properly calculated.

Determine caused changes in the retained earnings account.

Determine caused changes in the cash account. (Negative amounts should be indicated by a minus sign.)

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