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Below are incomplete financial statements for Cyclone, Inc. Required: Calculate the missing amounts. CYCLONE, INC. Income Statement Revenues $ 22,400 Expenses: Salaries $ 11,100 Rent

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Below are incomplete financial statements for Cyclone, Inc. Required: Calculate the missing amounts. CYCLONE, INC. Income Statement Revenues $ 22,400 Expenses: Salaries $ 11,100 Rent 5,100 Advertising 3.100 Net income 3,100 CYCLONE, INC. Statement of Stockholders' Equity Common Retained Total Stock Stockholders Earnings Equity Beginning balance S 12,100 $ 5,100 $ 17 200 Issuances of stock 1,100 Add: Net Income 3,100 3.100 Less: Dividends (11 100) (11.100) Ending balance $ 13,200 $ 6.100$ 19,300 CYCLONE, INC CYCLONE, INC Statement of Stockholders'Equlty Common Retained Total Stock Earnings Stockholders' Equity Beginning balance $ 12,100 $ 5,100 $ 17,200 Issuances of stock 1,100 Add: Net income 3,100 3,100 Less: Dividends (11,100) (11,100) Ending balance $ 13,200 $ 6,100 $ 19,300 Assets $ CYCLONE, INC. Balance Shoot Liabilities 1,100 Accounts payable Stockholders' Equity 4,100 Common stock 14,100 Retained earnings -1,800 Total liabilities and stockholders' equity Cash Supplies Land Building Total assets 2,100 $

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