ASSETS =		LIABILITIES +	STOCKHOLDERS' EQUITY
	Cash +	Land =	Note Payable +	Common Stock +	Retained Earnings
Bal., Dec 1	$25,000	$100,000	14,000	50,000	61,000

During the month of December, Linetti Corp recorded the following transactions:

a) Received $12,000 cash for providing services

b) Purchased a delivery truck for $10,000 cash

c) Paid rent expense for December of $3,500

d) Pay salaries and wages for December of $5,000

e) Payed a cash dividend of $1,000 to its sole shareholder, Gina.

1. What is Linetti Corp's net income for the month ended December 31, 2022?

2. What is Linetti Corp's balance in Retained Earnings on December 31, 2022?

3. What is the net increase or decrease in cash for the month ended December 31, 2022? (Indicate a decrease by entering your answer as a negative number)

4. What are total assets on December 31, 2022?