Balance sheet. Use the data from the financial statements of a company shown below. Use it to answer the $7$ questions that follow it$.$ When answering the questions $($filling in the blanks$),$ DO NOT use dollar signs, DO NOT USE commas to separate thousands, DO NOT use parenthesis to denote negative numbers, USE the negative sign and place it in front of first digit of your answer when your answer is a negative number. Round to the nearest dollar.

$\backslash$table$[[$Income Stutement year ending $2016],[$Sales Revenues,$$90],[$Cost of goods sold,$54],[$Fixced costs,$12],[$Selling$,$ seneral$,$ and administrative expenses,$18],[$Depreciation$,1],[$Eart$,],[,],[$Taxable Income,$],[$Taxes$,],[$Net lacome,$]]$

Tax rate: $20\%$

Dividens paid $$2$

What is the Net income in $2016?$

What is the amount for Retained Eamings in the Balance Sheet in $2016?$

What is amount for Total Liabilities & Owner's Equity for $2016?$

What is the current assets in $2015?$

What is the amount for Total Owner's Equity in the Balance Sheet for $2015?$

What is the amount for Long$-$Term debt in the Balance Sheet in $2015?$

What is the amount for Net Fixed assets in the Balance Sheet in $2015?$

These are curralusive retuised eamings bat textbook simply cally it netrined eaming