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Balance Sheet Information Beginning Total Debt $600,000 Equity-to-Asset Ratio (E/A) 0.60 Contributed Capital $150,000 Retained Earnings $300,000 Other Information 2018 Net Income $120,000 2018 Family

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Balance Sheet Information Beginning Total Debt $600,000 Equity-to-Asset Ratio (E/A) 0.60 Contributed Capital $150,000 Retained Earnings $300,000 Other Information 2018 Net Income $120,000 2018 Family Living Withdrawals $70,000 Calculate Beginning Valuation Equity and enter in the box below: Ending $650,000 0.65 $175,000 ??? Calculate Ending Retained Earnings and enter in the box below

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