Below are incomplete financial statements for Bulldog, Inc.

Required:

Calculate the missing amounts.

Revenues	$37,500
Expenses
Salaries
Advertising	$5,700
Utilities	$3,700
Net Income

BULLDOG, INC.
Statement of Stockholders' Equity
	Common Stock	Retained Earnings	Total Stockholders' Equity
Beginning balance	$9,700	$6,700	$16,400
Issuances	1,100		1,100
Add: Net income
Less: Dividends		(2,700)	(2,700)
Ending balance	$10,800	$9,700	$20,500

BULLDOG, INC.
Balance Sheet
Assets		Liabilities
Cash	$3,700	Accounts payable
Accounts receivable	2,700	Stockholders' Equity
Supplies	8,700	Common stock
Equipment	9,700	Retained earnings
Total assets	$24,800	Total liabilities and stockholders' equity