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CM 795.000 Total stockholders equity 975.000 Total liabilities and stockholders' equity 1.375.000 H 4H a. Recall that the balance sheet is a formal presentation of the accounting to such that also masturband b. Determine the amount of net income for March, assuming that no additional common stock was issued and no dividends were paid during the more 975,000 X c. Determine the amount of net income for March, assuming that no additional common stock was issued, but dvidence of 350.000 were paid during the more 725,000 x Fudback Back My W but income is the difference between the stockholders' equity amounts the end of February and the end of March The increase in stockholders gut between February and Marchblus the distond wil te to the retro 30 May here to watch Balance Sheets, Net Income Financial Information related to Ebony Interiors for February and March 2013 is as follows: February 28, 2093 $320,000 800,000 30,000 Cash Accounts receivable Supplies Accounts payable Common stock Retained earnings March 31, 2013 $380,000 960,000 35,000 400,000 200,000 310,000 200,000 ? a. Prepare a balance sheet for Ebony Interiors as of February 28, 2013. Enter assets in order of liquidity Chow quickly they can be converted to cash) Ebony Interiors Balance Sheet February 28, 2013 Assets Cash 320,000 100.000 Accounts recevable Supplies 30.000 1.150.000 Total assets